/*! This file is auto-generated */ .wp-block-button__link{color:#fff;background-color:#32373c;border-radius:9999px;box-shadow:none;text-decoration:none;padding:calc(.667em + 2px) calc(1.333em + 2px);font-size:1.125em}.wp-block-file__button{background:#32373c;color:#fff;text-decoration:none} Q33. Accounting and Machiavellianism.... [FREE SOLUTION] | 91影视

91影视

Accounting and Machiavellianism. Behavioral Research in Accounting (January 2008) published a study of Machiavellian traits in accountants. Machiavellian describes negative character traits that include manipulation, cunning, duplicity, deception, and bad faith. A questionnaire was administered to a random sample of 700 accounting alumni of a large southwestern university; however, due to nonresponse and incomplete answers, only 198 questionnaires could be analyzed. Several variables were measured, including age, gender, level of education, income, job satisfaction score, and Machiavellian (鈥淢ach鈥) rating score. The research findings suggest that Machiavellian behavior is not required to achieve success in the accounting profession.

a. What is the population of interest to the researcher?

b. What type of data (quantitative or qualitative) is produced by each of the variables measured?

c. Identify the sample.

d. Identify the data-collection method used.

e. What inference was made by the researcher?

f. How might the nonresponses impact the inference?

Short Answer

Expert verified

a. All the accounting alumni are the population.

b. A respondent鈥檚 age, income, job satisfaction score, and even Machiavellian rating score are the quantitative data, and qualitative data are gender and level of education.

c. The sample includes 198 accounting alumni.

d. Data has been collected from the accounting alumni by conducting a primary survey has been done by circulating questionnaires.

e. It is not necessary for the Machiavellian behavior of the accounting professionals to achieve success.

f. The inference would have been more reliable if there had not been any nonresponses.

Step by step solution

01

Identifying the population of interest

The researchers of the Behavioral Research in Accounting wanted to choose accounting alumni as the population of interest. The researchers were desirous of conducting a research study on the accounting professionals, and that鈥檚 why accounting alumni were chosen.

02

Specifying the type of variables

A respondents鈥檃ge, income, job satisfaction score, and Machiavellian score are numerical in nature and quantitative. A respondents鈥檊ender and level of educationare non-numerical, so they are qualitative.

03

Finding the sample

The sample mainly includes198 accounting alumni, as only 198 questionnaires have been analyzed by the researcher for drawing the inferences.

04

Indicating the data-collection method

The researchers collected the data from accounting alumni by circulating 700 questionnaires.Out of all the respondents, only 198 have responded, and the analysis will be done based on the data collected from 198 respondents.

05

Establishing the inference

After analyzing 198 questionnaires filled out by the accounting alumni, the researchers have drawn their conclusions. They have deduced that accounting professionals can achieve success even without having Machiavellian behavior.

06

Showing the impact of the nonresponses on the inference

Data collected from 700 respondents could have given a better inference than 198. Therefore, due to the presence of several nonresponses, the inference can be regarded as slightly less reliable.

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Over 30 million students worldwide already upgrade their learning with 91影视!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Most popular questions from this chapter

Parking at a university. Parking at a large university has become a big problem. The university's administrators want to determine the average parking time of its students. An administrator inconspicuously followed 250 students and carefully recorded the time it took them to find a parking spot.

a. What is the population of interest to the university administration?

b. Identify the sample of interest to the university administration.

c. What is the experimental unit of interest to the university administration?

d. What is the variable of interest to the university administration?

Explain how populations and samples differ?

Can money spent on gifts buy love? Is the gift you purchased for that special someone really appreciated? This was the question of interest to business professors at Stanford University. Their research was published in the Journal of Experimental Social Psychology (Vol. 45, 2009). In one study, the researchers investigated the link between engagement ring price (dollars) and level of appreciation of the recipient (measured on a 7-point scale where 1 = 鈥渘ot at all鈥 and 7 = 鈥渢o a great extent鈥). Participants for the study were those who used a popular Web site for engaged couples. The Web site鈥檚 directory was searched for those with 鈥渁verage鈥 American names (e.g., 鈥淛ohn Smith,鈥 鈥淪ara Jones鈥). These individuals were then invited to participate in an online survey in exchange for a $10 gift certificate. Of the respondents, those who paid really high or really low prices for the ring were excluded, leaving a sample size of 33 respondents.

a. Identify the experimental units for this study.

b. What are the variables of interest? Are they quantitative or qualitative in nature?

c. Describe the population of interest.

d. Do you believe the sample of 33 respondents is representative of the population? Explain.

e. In a second designed study, the researchers investigated whether the link between gift price and level of appreciation is stronger for birthday gift-givers than for birthday gift-receivers. The participants were randomly assigned to play the role of gift-giver or gift-receiver. Assume that the sample consists of 50 individuals. Use a random number generator to randomly assign 25 individuals to play the gift-receiver role and 25 to play the gift-giver role.

Drafting NFL quarterbacks. The National Football League (NFL) is a lucrative business, generating an annual revenue of about $8 million. One key to becoming a financially successful NFL team is drafting a good quarterback (QB) out of college. The NFL draft allows the worst-performing teams in the previous year the opportunity of selecting the best quarterbacks coming out of college. The Journal of Productivity Analysis (Vol. 35, 2011) published a study of how successful NFL teams are in drafting productive quarterbacks. Data were collected for all 331 quarterbacks drafted between 1970 and 2007. Several variables were measured for each QB, including draft position (one of the top 10 players picked, selection between picks 11 and 50, or selected after pick 50), NFL winning ratio (percentage of games won), and QB production score (higher scores indicate more productive QBs). The researchers discovered that draft position is only weakly related to a quarterback鈥檚 performance in the NFL. They concluded that 鈥渜uarterbacks taken higher [in the draft] do not appear to perform any better.鈥

a. What is the experimental unit for this study?

b. Identify the type (quantitative or qualitative) of each variable measured.

c. Suppose you want to use this study to project the performance of future NFL QBs. Is this an application of descriptive or inferential statistics? Explain.

The 鈥渓ucky store effect鈥 in lottery ticket sales. In the American Economic Review (Vol. 98, 2008), University of Chicago researchers investigated the lucky store effect theory in lottery ticket sales, i.e., the theory that a lottery retail store that sold a large-prize-winning ticket will experience greater ticket sales the following week. The researchers examined the weekly ticket sales of all 24,400 active lottery retailers in Texas. The analysis showed that 鈥渢he week following the sale of [a winning Lotto Texas ticket], the winning store experiences a 12 to 38 percent relative sales increase. . . . 鈥 Consequently, the researchers project that future winning lottery retail stores will experience the lucky store effect. Is this study an example of descriptive statistics or inferential statistics? Explain.

See all solutions

Recommended explanations on Math Textbooks

View all explanations

What do you think about this solution?

We value your feedback to improve our textbook solutions.

Study anywhere. Anytime. Across all devices.