Staplcotn Farmers
BA/EC 311 – QUANTITATIVE ANALYSIS
BIRMINGHAM-SOUTHERN COLLEGE
Regression Practice Staplcotn Farmers
A survey was given to a group of farmers who were members of
a cotton marketing cooperative and these data are contained in the SPSS file “Regression
Practice Staplcotn Data” available below on Moodle. You have been asked by
managers of the cooperative to analyze these data and answer the following
questions. This is not an exploratory study. Thus, you should use a p value of
.05 when conducting your analysis.
1. Management believes that the levels of cognitive, affective and general trust that members of the co-op have for members of management will all have a positive effect on the number of bales of cotton that the members market through the cooperative’s Seasonal Option program (seaop). The trust variables are cognitive (CogMan), affective (AffMan) and general (GenMan).
Run a regression analysis that examines the research question posed by management. Comment on and explain your findings.
2. Management also believes that the extent to which members believe that co-op managers are experienced (Experience) will have a positive effect on participation in the Seasonal Option program. In addition, management thinks that the extent to which members desire to maintain some control over how their cotton is marketed (Control) will have a negative effect on participation in the Seasonal Option program.
Run a regression analysis that examines these two research questions posed by management. You should leave each of the trust variables in your model. Comment on and explain your findings.
3. How do your findings from your analysis in question #2 above change if you add a variable to your model that controls for the size of each farm? Size is measured by the total number of bales of cotton produced. Comment on and explain your findings.
4. What is the predicted level of participation in the co-op’s Seasonal Option program for a farm that produces 1,442 bales in a typical year if the perceived level of co-op managers’ experience is 6.15 and the desire to maintain control equals 3.89?
5. In your answer above, if the desire to maintain control increases by 1.0, what size farm is needed in order for the level of participation in the Seasonal Option program to remain unchanged?
Save as a word doc and post on Moodle.