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Question
Ski Resorts of Vermont Inc. is considering a merger with Gulf Shores Beach Resorts compay of Alabama. The board of directors surveyed 50 stockholders concerning their position on the merger. The results are reported below.What level of measurement is used in this table?
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 | 19 |
Total | 20 | 26 | 4 | 50 |
Solution
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Answered 1 year ago
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1 of 6In this problem, we are tasked to determine the level of measurement of the stockholder's number of shares held and their opinion on the merger.
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