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Statistics for Managers - Essay Example

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Summary
The essay "Statistics for Managers" focuses on the critical, and thorough analysis of the major issues in the statistics for managers. The respondents’ answers on pay cut on average were 1.29 and on the restriction of lobbyists, an average of 1.30 was found…
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Statistics for Managers
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Test for the independence of responses (Yes and No) for more restrictions on lobbyists and party affiliation.  
In Table 3 below, the p-value for the Pearson Chi-square test is 0.156 (a value greater than α=0.05), we thus fail to reject the null hypothesis (of no association) and conclude that there is no dependence between party affiliation and response on more restrictions on lobbyists.

Test for the independence of responses (Yes and No) for term limits and party affiliation. In Table 4 below, the p-value for the Pearson Chi-square test is 0.078 (a value greater than α=0.05), we thus fail to reject the null hypothesis (of no association) and conclude that there is no dependence between party affiliation and response on a time limit.

Does it appear there is broad support for change across political lines? There appears to be broad support for change however not across political lines. This can be confirmed by the figures presented below. We see that 71% of the respondents agreed on cutting pay for the legislators, 70% agreed that more restrictions should be enacted on the lobbyists and lastly 59% of the respondents agreed that the time limit for the legislators should be fixed. However, the results of chi-square tests do not show the appearance of broad support for change across political lines. Read More
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