Highlights
Use the data in the table above to answer the following questions.
a) Are the data time series or cross sectional? Motivate.
b) For each random variable in this study, state whether it is a qualitative/categorical variable or quantitative variable.
c) Define the data measurement scale for each of the random variables in this study.
d) Show the relative frequency distribution for the Type of Enterprise and use it to determine the proportion of the SMEs in the sample is categorized as “Medium” enterprises.
e) Show the frequency distribution for the Number of Months in Operation where the first class is 1 to 12 months and use it to determine the number of SMEs in the sample that have been in operation for at most three years.
f) Construct a pie chart for the variable Compliance with IFRS. How many degrees are in the section of the pie chart showing the “No” answers?
g) Construct a cross-tabulation of the data on Compliance with IFRS (columns) and the Number of Months in Operation (rows) where the first class is 1 to 12 months. Use
the cross-tabulation to comment on the relationship between Compliance with IFRS and Number of Months in Operation.
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