Question

Crain's Cleveland Business is one of Northeast Ohio's leading source of business news, analysis and commentary....

Crain's Cleveland Business is one of Northeast Ohio's leading source of business news, analysis and commentary. Crain’s Cleveland Business surveyed their readers and asked how each rated the quality of management and the reputation of the company for over 100 worldwide corporations. Both the quality of management and the reputation of the company were rated on an excellent, good, and fair categorical scale. Assume the sample data for 250 respondents below applies to this study.

Company Reputation

Quality of Management

Excellent

Good

Fair

Excellent

48

57

6

Good

39

35

12

Fair

25

12

16

What percent of the respondents rated the quality of management as Excellent?

ANSWER:  % (report your answer to 2 decimal places, using conventional rounding rules)

What percent of the respondents rated the company reputation as Good?

ANSWER:  % (report your answer to 2 decimal places, using conventional rounding rules)

Of the respondents who rated the quality of management as Good, what percent rated the company reputation as Fair?

ANSWER:  % (report your answer to 2 decimal places, using conventional rounding rules)

Of the respondents who rated the company reputation as Fair, what percent rated the quality of management as Excellent?

ANSWER:  % (report your answer to 2 decimal places, using conventional rounding rules)

Homework Answers

Answer #1

Total number of respondents = 48 + 57 + 6 + 39 + 35 + 12 + 25 + 12 + 16 = 250

The percent of the respondents rated the quality of management as Excellent

The percent of the respondents rated the company reputation as Good

Of the respondents who rated the quality of management as Good, the percent rated the company reputation as Fair

Of the respondents who rated the company reputation as Fair, the percent rated the quality of management as Excellent

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