Large companies have the option of limiting their growth, but does doing so lead to higher profitability? The table below gives the profitability for a sample of twenty-one top-ranked companies, where...


Large companies have the option of limiting their growth, but does doing so lead to higher profitability? The table below gives the profitability for a sample of twenty-one top-ranked companies, where profitability is expressed in terms of annual profit as a percentage of total company assets. The firms are divided into three groups by size of assets—$50 billion or less, between $51 and $100 billion, and over $100 billion. Test the hypothesis that small- and medium-size companies are as profitable as large companies. Letα=0.10.

Size of Assets (billions of $)$50 or LessBetween $51 and $100Greater than $1007.211.314.86.55.611.35.75.39.24.45.34.83.410.43.93.46.210.27.85.37.3

May 25, 2022
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