Problem regarding the business ethics

Assignment Help Basic Statistics
Reference no: EM131008833

Business ethics

In a survey on corporate ethics, a poll split a sample at random, asking 538 faculty and corporate re- cruiters the question: "Generally speaking, do you believe that MBAs are more or less aware of ethical issues in business today than five years ago?" The other half were asked: "Generally speaking, do you believe that MBAs are less or more aware of ethical issues in business today than five years ago?" These may seem like the same questions, but some- times the order of the choices matters. In response to the first question, 53% thought MBA graduates were more aware ofethical issues, but when the question was phrased differently, this proportion dropped to 44%.

a) What kind of bias may be present here?

b) Each group consisted of 538 respondents. If we com- bine them, considering the overall group to be one larger random sample, what is a 95% confidence interval for the proportion of the faculty and corporate recruiters that be- lieve MBAs are more aware of ethical issues today?

c) How does the margin of error based on this pooled sam- ple compare with the margins of error from the separate groups? Why?

Reference no: EM131008833

Questions Cloud

Problem regarding the gambling : Gambling. A city ballot includes a local initiative that would legalize gambling. The issue is hotly contested, and two groups decide to conduct polls to predict the outcome. The local newspaper finds that 53% of 1200 randomly se- lected voters pl..
Problem regarding the media survey : In 2007, a Gallup Poll conducted face- to-face interviews with 1006 adults in Saudi Arabia, aged 15 and older, asking them questions about how they get in- formation.
What is the difference between a gaining and a losing stream : Why is it important to know the position and shape of the water table? How can we know where the water table is and its fluctuations? What is the difference between a gaining and a losing stream
Analysis of the organisations service marketing mix : The aim is to conduct an in-depth investigation and analysis of the organisation's service marketing mix (7 P's) highlighting areas that it excels in (i.e., compared to its key competitors) and areas that may need improvement.
Problem regarding the business ethics : In a survey on corporate ethics, a poll split a sample at random, asking 538 faculty and corporate re- cruiters the question: "Generally speaking, do you believe that MBAs are more or less aware of ethical issues in business today than five years ..
Problem regarding the worldwide survey : In Chapter 4, Exercise 27, we learned that GfK Roper surveyed people worldwide asking them "how important is acquiring wealth to you." Of 1535 respondents in India, 1168 said that it was of more than average importance. In the United States of 131..
Find the dimensions of the strongest beam that can be cut : The strength of a rectangular beam is directly proportional to the product of its width w and the square of the depth , s, of a cross section. Find the dimensions of the strongest beam that can be cut from a cylindrical log of radius r.
Create a sustainable competitive advantage : Critically explain the specific criteria managers can use to decide which of their firm's capabilities have the potential to create a sustainable competitive advantage.
What were the possible mechanisms of transmission : What were the possible mechanisms of transmission considered for this outbreak by the CDC staff before sending the author to Israel and what were the strengths and weaknesses of each of these possibilities

Reviews

Write a Review

Basic Statistics Questions & Answers

  Consider a hypothesis test of difference of means for two

consider a hypothesis test of difference of means for two independent populations x1 and x2. suppose that both sample

  What is the probability that the dealer busts you may

q1. blackjack tablea standard deck of playing cards contains 52 cards divided equally into four suits spades hearts

  What are the odds to get two of the same number

If there are 12 numbered balls in a basket (0-11), and you get 6 chances to pick a ball what are the odds to get two of the same number, 3 of the same number, 4, 5 and 6.

  How can i formulate a statistical test to figure out if

how can i formulate a statistical test to figure out if there is significance between fatal aviation accidents in imc

  Estimation of confidence interval for r-square

If we want to increase our confidence level from 95% to 99%, what happens to our confidence interval?

  The next trial is a success with probability 08 otherwise

trials are performed in sequence. if the last two trials were successes then the next trial is a success with

  Does a high long-run elasticity of demand in an industry

Does a very high long-run elasticity of demand in an industry necessarily imply that there is no public policy issue?

  Is there evidence using six-step critical value approach

Using the six-step critical value approach, at the 0.05 level of significance, is there evidence that the population mean delivery time has been reduced below the previous population mean value of 25 minutes?

  Determine whether the following statement is true or false

determine whether the following statement is true or false and explain briefly if a simple random sample is taken from

  Compute mean for probability distribution of breakdowns

Puret grinder has required repair service according to the following distribution. Compute the mean, for the following probability distribution of the number of breakdowns per week.

  Write the example of statistics from news

Write the example of statistics in news to explain the following statement which represents one of the objectives of statistics analysis: "Statistics assists us make decisions.

  1i want to know which of two manufacturing methods will be

1.i want to know which of two manufacturing methods will be better. i create 10 prototypes using the first process and

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