Business Research Methods QNT/561 Dr. Warren Huckabay July 18, 2011 Team A Haydee Acebo, Cokiliar Brown-Smith, AJ Clark, Elijah German. Table of Contents 1 • Business Problem 2 • Research Question 3 • Hypothesis 4 • Hypothesis Testing Procedure 5 • Study Variables 6 -7 • Data Collection Plan 8 • Data Collection Results 9 • Conclusion 10 • References Team A Business Problem Nonprofit Organization Past President Approval Ratings Positive CoRelation to President Obama’s Reelection Accurate Decision Making Team A p. 1 Research Question Is there a difference in the Roosevelt average approval ratings Truman Clinton during the period 16 months prior to election of the presidents who Bush H.W. Eisenhower were reelected and those who were not? Note: Research question will help analyze if President Obama has more probabilities of winning reelection based on past approval ratings 16 months prior to election day. Obama Reagan Johnson Carter Nixon Ford Team A p. 2 Hypothesis Null Hypothesis : There is no difference in the mean approval rating during the period 16 months prior election for those presidents 0 1 who were reelected and those who were not. Presidential Approval Ratings 18 months before election H : 2 0 Roosevelt Truman H : 0 1 1 2 Alternate hypothesis: 65% 75% There is a difference in the mean approval rating during the period 16 months prior election for those presidents who were reelected and those who were not. Eisenhower 51% 56% 45% 35% 46% 68% 64% 50% Johnson Nixon Ford Carter Reagan Bush (elder) Clinton Courtesy: www.gallup.com Team A p. 3 Hypothesis Testing Procedure Won Reelection Lost Reelection Bush H.W at 75% 18 months before Presidential Election. Test: Difference between two independent groups. Elected and not Reelected. Did average approval ratings during 16 months prior to reelection changed for presidents who were reelected and those who were not? Reagan at 45% 18 months before Presidential Election. Team A p. 4 Study Variables Discrete variables Independent variable: employment rates, healthcare, educational, and war Dependent variable: President Obama approval ratings Measures of central tendency for former Presidents: mean, mode, median Level of measurement for all study variables is ratio. Team A p. 5 Data Collection Plan Data was collected from www.gallup. com Team A collected Gallup Poll results of approval ratings for 10 United States Presidents Sample size: President Roosevelt, Truman, Eisenhower, Johnson, Nixon, Ford, Carter, Reagan, Bush (elder), and Clinton Results show three presidents lost reelection, some with favorable approval rating Team A p. 6 Data Collection Plan (Continued) Data was collected from www.gallup. com Team A collected results of approval and disapproval ratings for President Obama. 16month period Sample size: 1,500 adults nationwide. Study done through telephone interviews from March 2010 –June 2011 Results show President Obama has an average approval rating of 47% and an average disapproval rating of 46% Team A p. 7 Data Collection Results Data collected for President Obama shows the percentage of approval and disapproval of plans such as, healthcare, war, and education budgets. Obama’s total approval rating is 47% and disapproval of 46%. Study Variables Unemployed Mean Approve Healthcare Plan 19.688 Disapprove Healthcare Plan 10.235 Approved War Plan 16.425 Disapprove War Plan 13.156 Disapprove Educational Costs, Cuts and Budget 18 Mos before Election 9.5528 18.872 Approve Educational Costs, Cuts and Budget Data collected for former Presidents' approval rating shows an average of 56% for those who were reelected and an average of 48% for those who were not reelected. Approval Re-elected? % (Yes / No) 1940 Roosevelt 56% Yes 1948 Truman 54% Yes 1956 Eisenhower 68% Yes 1964 Johnson 64% Yes 1972 Nixon 50% No 1976 Ford 46% No 1980 Carter 35% No 1984 Reagan 45% Yes 1992 Bush 75% No 9.534 1996 Clinton 51% Yes 15.354 2004 Bush 36% No Team A p. 8 Conclusion P-value greater than significance level. Team A Team A fails to reject the null hypothesis fails to reject hypothesis There is no difference in the mean approval rating during the period 16 months prior election for those presidents who were reelected and those who were not The statistic model is not a predictive value tool to tell if President Obama can win reelection. Non-profit organization saves time by not rushing to decisions. Team A p. 9 References • Cooper, D. R., & Schindler, P. S. (2006). Business research methods (9th ed.). New York, NY: McGraw-Hill. • Gallup, Inc. (2011). www.Gallup.com. Retrieved from http://www.gallup.com/poll/8608/reflections-presidentialjob-approval-reelection-odds.aspx • Gallup Inc.. (2011). Gallup. Retrieved from http://www.gallup.com/poll/113980/gallup-daily-obamajob-approval.aspx • Lind−Marchal−Wathen: Statistical Techniques in Business and Economics, 13th Edition 3. Describing Data: Numerical Measures Text © The McGraw−Hill, 2008 Team A p. 10