Discussion-chi-square analysis


Assignment:

Part 1: Chi-Square Analysis

The benefits office wants to investigate whether a relationship exists between the level of an employee and their interest in a 401k plan. The office was able to select a group of 201 employees (both managerial and nonmanagerial) for the analysis. The data is as follows:

Level

For/Against 401k

 

Against

For

Total

Managerial

28

49

77

Nonmanagerial

11

113

124

Total

201

Using the above data, conduct a chi-square analysis and respond to the following question:

Is there a relationship between an employee's level and their interest in a 401k plan? Support your answer using data from the analysis. Answer in a narrative form and also copy your Microsoft Excel data printout sheet into your post (you may attach it to your post instead of copying it into the text box if you prefer).   300-500 words.

Submission Details:

By the due date assigned, post your responses to the Discussion Area.

Through the end of module, respond to at least two of your classmates' posts. While responding, be sure to add value to the discussion and avoid ambiguous or intangible posts. Review the posts of at least two other students and comment on their analyses. Do you agree with their interpretation? Why or why not? Do you have any general questions about nonparametric statistics? If so, incorporate those questions into your reply posts.

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Finance Basics: Discussion-chi-square analysis
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