[See Steps] The file " Question 2 Data " contains some results from a statistically well conducted survey which looked at a random sample of manufacturing
Question: The file " Question 2 Data " contains some results from a statistically well conducted survey which looked at a random sample of manufacturing firms and a random sample of wholesale firms. The column labelled "Sector" indicates whether a firm is engaged in manufacturing (man) or wholesale (whole). The column labelled "<75%" indicates whether the firm spends less than 75% of its total revenue on salaries and wages (Y) or spends 75% or more of its total revenue on wages and salaries (N).
Produce a table like that outlined below with the counts of numbers of firms in each of the four blank cells shown.
Percentage of total revenue spent on salaries and wages
| Less than 75% | 75% or more | |
| Manufacturing | ||
| Wholesale |
Use an appropriate statistical method to assess whether the survey provides enough evidence
to conclude, at the 5% level of significance, that the proportion of firms that spend more than 75% of their total revenue on salaries and wages is higher in manufacturing than in wholesaling.
Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document
Deliverable: Word Document
