Solution Found!
Ski Resorts of Vermont, Inc., is considering a merger with
Chapter 4, Problem 18E(choose chapter or problem)
Problem 18E
Ski Resorts of Vermont, Inc., is considering a merger with Gulf Shores, Inc., of Alabama. The board of directors surveyed 50 stockholders concerning their position on the merger. The results are reported below.
|
Opinion |
|
||
Number of Shares Held |
Favor |
Oppose |
Undecided |
Total |
Under 200 |
8 |
6 |
2 |
16 |
200 up to 1,000 |
6 |
8 |
1 |
15 |
Over 1,000 |
6 |
12 |
1 |
19b |
Total |
20 |
26 |
4 |
50 |
a. What level of measurement is used in this table?
b. What is this table called?
c. What group seems most strongly opposed to the merger?
Questions & Answers
QUESTION:
Problem 18E
Ski Resorts of Vermont, Inc., is considering a merger with Gulf Shores, Inc., of Alabama. The board of directors surveyed 50 stockholders concerning their position on the merger. The results are reported below.
|
Opinion |
|
||
Number of Shares Held |
Favor |
Oppose |
Undecided |
Total |
Under 200 |
8 |
6 |
2 |
16 |
200 up to 1,000 |
6 |
8 |
1 |
15 |
Over 1,000 |
6 |
12 |
1 |
19b |
Total |
20 |
26 |
4 |
50 |
a. What level of measurement is used in this table?
b. What is this table called?
c. What group seems most strongly opposed to the merger?
ANSWER:
Solution:
Step 1 of 2:
The data of 50 stockholders concerning their position on the merger.
Opinion |
||||
Number of Shares Held |
Favour |
Oppose |
Undecided |
Total |
Under 200 |
8 |
6 |
2 |
16 |
200 up 1000 |
6 |
8 |
1 |
15 |
Over 1000 |
6 |
12 |
1 |
19 |
Total |
20 |
26 |
4 |
50 |
- We have to find what level of measurement is used in the table.
- We have to find the type of table.
- We have to find which groups seems most strongly opposed to the merger.