Your firm is considering expansion to a nearby city. A survey of employees in that city, asked
Question:
Your firm is considering expansion to a nearby city. A survey of employees in that city, asked to respond to the question “Will business conditions in this area get better, stay the same, or get worse?” produced the data set shown in Table 17.4.3.
a. Fill in the “Total” row and column.
b. Find the table of overall percentages. Interpret these as estimates of probabilities in the population. In particular, what probabilities do they represent?
c. Find the table of percentages by type of employee. Interpret these as estimates of probabilities in the population. In particular, what probabilities do they represent?
d. Find the table of percentages by response. Interpret these as estimates of probabilities in the population. In particular, what probabilities do they represent?
e. Does the response appear to be independent of the employee’s classification? Why or why not?
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