Warning: foreach() argument must be of type array|object, bool given in /var/www/html/web/app/themes/studypress-core-theme/template-parts/header/mobile-offcanvas.php on line 20

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 (“Mach”) 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’s 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’s why accounting alumni were chosen.

02

Specifying the type of variables

A respondents’age, income, job satisfaction score, and Machiavellian score are numerical in nature and quantitative. A respondents’gender 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 Vaia!

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

Stock prices. As part of an economics class project, students were asked to randomly select 500 New York Stock Exchange (NYSE) stocks from the Wall Street Journal. They were then asked to summarize the current prices (also referred to as the closing price of the stock for a particular trading date) of the collected stocks using graphical and numerical techniques.

a. Identify the population of interest for this study.

b. Is the variable being collected quantitative or qualitative?

c. Identify the data collection method used in this study.

d. Identify the sample of interest for this study.

e. Identify the experimental unit and variable of interest for this study.

List and define the five elements of an inferential statistical analysis.

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?

College application data. Colleges and universities are requiring an increasing amount of information about applicants before making acceptance and financial aid decisions. Classify each of the following types of data required on a college application as quantitative or qualitative.

a. High school GPA

b. Honors, awards

c. Applicant's score on the SAT or ACT

d. Gender of applicant

e. Parents’ income

f. Age of applicant

What is a representative sample? What is its value?

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.

Sign-up for free