Identify the independent variable

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Some critics of big business argue that CEOs are overpaid and that their compensation is not related the performance of their company. To test this theory, data on executive's total pay and company's performance was collected from a randomly selected set of fifty companies.

Assume an a = .05 whenever necessary.

A. Identify the independent variable(s) - if any (and define them precisely and indicate they are qualitative or quantitative)

B. Identify the dependent variable - if any (and define them precisely and indicate they are qualitative or quantitative)

C. Identify the type of analysis that is appropriate (Chi-Square test of independence, ANOVA, Regression, or Correlation)

D. Justify why the analysis you identified in part C is correct.

Reference no: EM132409725

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