Distribution of business owners

Assignment Help Accounting Basics
Reference no: EM131009118

Small business. The director of a small business development center located in a mid-sized city is reviewing data about its clients. In particular, she is interested in ex- amining if the distribution of business owners across the various stages of the business life cycle is the same for white-owned and Hispanic-owned businesses. The data are shown below.

 

White-Owned

Hispanic-Owned

Planning

11

9

Starting

14

11

Managing

20

2

Getting Out

15

1

a) Will you test goodness-of-fit, homogeneity, or independence?

b) Write the appropriate hypotheses.

c) Find the expected counts for each cell and explain why chi-square procedures are not appropriate for this table.

d) Create a new table by combining categories so that a chi-square procedure can be used.

e) With this change in the table, what has happened to the number of degrees of freedom?

f) Test your hypothesis about the two groups and state an appropriate conclusion.

Reference no: EM131009118

Questions Cloud

A supply chain management : A Supply Chain Management question.  What is the best form of warehousing?  Flow-through layout or a U-shaped layout?  What is the best racking, or the type of racking used frequently, for each of those layouts.
Question regarding the racial steering : A subtle form of racial discrimination in housing is "racial steering." Racial steering occurs when real estate agents show prospective buyers only homes in neighborhoods already dominated by that family's race.
Find normal and tangential components of acceleration vector : Consider a particle moving in a circle at a fixed radius R from the origin. Determine the normal and tangential components of the acceleration vector a→ for the two cases below.
What is the purpose of risk capital : What is the purpose of risk capital? Why is economic capital important to financial institutions? How are risk capital and economic capital related
Distribution of business owners : The director of a small business development center located in a mid-sized city is reviewing data about its clients. In particular, she is interested in ex- amining if the distribution of business owners across the various stages of the business l..
Calculate the incremental rate of return : calculate the incremental rate of return and determine which alternative Is better at a MARI? of 6% per year over a 20-year study period
Find the open intervals on which the function is increasing : Find the critical numbers of f. Find the open intervals on which the function is increasing or decreasing. Apply the First Derivative Test to identify the relative extremum.
What is the probability that the system functions : A system contains two components, A and B. The system will function so long as either A or B functions. The probability that A functions is 0.95, the probability that B functions is 0.90, and the probability that both function is 0.88. What is the..
What is probability that it not fail during first month : The probability that a bearing fails during the first month of use is 0.12. What is the probability that it does not fail during the first month? An die (six faces) has the number 1 painted on three of its faces, the number 2 painted on two o..

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd