Charisma of top-level leaders. Refer to the Academy of Management Journal (August 2015) study of the charisma

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Charisma of top-level leaders. Refer to the Academy of Management Journal (August 2015) study of the charisma of top leaders in business, Exercise 12.76 (p. 760). The researchers analyzed data collected for 24 US presidential elections where the dependent variable of interest was Democratic vote share 1y2, measured as the percentage of voters who voted for the Democratic candidate in the national election. One potential quantitative predictor of vote share was the difference 1x12 between the Democratic and Republican candidates’ charisma values. (Recall that charisma was measured on a 150-point scale based on the candidates’ acceptance speeches at their party’s national convention.) One potential qualitative predictor was whether or not the election was affected by a World War: x2 = 51 if war, 0 if not6.

a. Propose a model that describes the relationship between Democratic vote share 1y2 and charisma difference 1x12 as two nonparallel straightlines, one for each level of World War status 1x22.

b. In terms of the b’s of the model, part

a, what is the slope of the line relating Democratic vote share 1y2 to charisma difference 1x12 for election years affected by a World War?

c. In terms of the b’s of the model, part

a, what is the slope of the line relating Democratic vote share 1y2 to charisma difference 1x12 for election years not affected by a World War?

d. In terms of the b’s of the model, part

a, what is the effect of a World War on mean Democratic vote share, E1y2, for all election years when there is no charisma difference (i.e., x1 = 0)?

e. In terms of the b’s of the model, part

a, what is the effect of a World War on mean Democratic vote share, E1y2, for all election years when there the charisma difference is x1 = 50?

f. Fit the model, part

a, to the data in the file. Is there sufficient evidence to indicate that the linear effect of the charisma difference on mean Democratic vote share depends on World War status? Test using a = .10.

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Statistics For Business And Economics

ISBN: 9781292413396

14th Global Edition

Authors: James McClave, P. Benson, Terry Sincich

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