A survey of 28 employed workers found that the correlation between the number of years of post-secondary education and c

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

A survey of 28 employed workers found that the correlation between the number of years of post-secondary education and c

Post by answerhappygod »

A survey of 28 employed workers found that the correlationbetween the number of years of post-secondary education and currentannual income in dollars is -0.42. The researchershypothesize a positive relationship between number of years ofpost-secondary education and annual income. What can theresearchers conclude with an 𝛼 of 0.01?a) Obtain/compute the appropriate values to make adecision about H0.Critical Value = ; Test Statistic =Decision:b) Compute the corresponding effect size(s) andindicate magnitude(s).If not appropriate, input and/or select "na" below.Effect Size = ; Magnitude:c) Make an interpretation based on theresults.
There is a significant positive relationship between years ofpost-secondary education and current annual income.
There is a significant negative relationship between years ofpost-secondary education and current annualincome.
There is no significant relationship between years ofpost-secondary education and current annual income.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply