Question

A study compared the number of years a person has worked for the same company (X)...

A study compared the number of years a person has worked for the same company (X) with the person's salary in thousands fo dollars per year (Y). The data for 8 employees appear in the following table:

   (X)    (Y)

5 24
8 40
3 20
6 30
9 40
7 35
10 50
2 22

Calculate Pearson's r & test for significance. Please state r-calc and r-crit and show all work!

0 0
Add a comment Improve this question Transcribed image text
Know the answer?
Add Answer to:
A study compared the number of years a person has worked for the same company (X)...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • A sociologist is interested in the relation between x = number of job changes and y...

    A sociologist is interested in the relation between x = number of job changes and y = annual salary (in thousands of dollars) for people living in the Nashville area. A random sample of 10 people employed in Nashville provided the following information. x (number of job changes) 3 7 6 6 1 5 9 10 10 3 y (Salary in $1000) 34 33 38 32 32 38 43 37 40 33 In this setting we have Σx = 60,...

  • Employee Years Employed Salary 1 27 $65,487 2 20 $46,184 3 0 $32,782 4 12 $54,899...

    Employee Years Employed Salary 1 27 $65,487 2 20 $46,184 3 0 $32,782 4 12 $54,899 5 7 $34,869 6 8 $35,487 7 5 $26,548 8 15 $32,920 9 5 $29,548 10 6 $34,231 11 0 $23,654 12 9 $39,331 13 6 $36,512 14 3 $35,467 15 25 $68,425 16 9 $35,468 17 4 $36,578 18 18 $39,828 19 6 $36,487 20 19 $37,548 21 3 $31,528 22 5 $34,632 23 14 $46,211 24 2 $29,876 25 6 $43,674 26...

  • 4. The data set below shows the length of service (in years)and salaries in thousands of...

    4. The data set below shows the length of service (in years)and salaries in thousands of dollars) for 10 randomly selected employees. Length of service, 2 Salary, y 0.5 2 4 6 8 10 .75 39 41 41 40.5 42 41 40 1 6 8 38 41 42 (a) Construct a scatter plot for the data showing the regression line. (b) Find the equation of the regression line for the data. (c) Find the value of the correlation coefficient, r....

  • A consumer products company wants to measure the effectiveness of different types of advertising media in...

    A consumer products company wants to measure the effectiveness of different types of advertising media in the promotion of its products. Specially, two types of advertising media are to be considered: radio and television advertising and newspaper advertising (including the cost of discount coupons).  A sample of 22 cities with approximately equal population is selected for study during a test period of one month.  Each city is allocated a specific expenditure level both for radio and television advertising and for newspaper advertising.  The...

  • HELP PLEASE!! A sociologist is interested in the relation between x = number of job changes...

    HELP PLEASE!! A sociologist is interested in the relation between x = number of job changes and y = annual salary (in thousands of dollars) for people living in the Nashville area. A random sample of 10 people employed in Nashville provided the following information. X (number of job changes) Y (Salary in $1000) 5 10 10 3 32 37 34 32 32 38 43 37 40 33 In this setting we have Ex = 59, Ey = 358, Ex?...

  • A study was done to look at the relationship between the number of movies people watch...

    A study was done to look at the relationship between the number of movies people watch at the theater each year and the number of books that they read each year. The results of the survey are shown below. Movies 2 2 2 2 7 10 2 2 9 7 6 1 Books 10 6 6 6 3 0 8 5 1 6 2 6 x value y value Find the correlation coefficient: r=r=    Round to 2 decimal places. The null...

  • A sociologist is interested in the relation between x = number of job changes and γ = annual salary (in thousands of dollars) for people living in the Nashville area. A random sample of 10 people emp...

    A sociologist is interested in the relation between x = number of job changes and γ = annual salary (in thousands of dollars) for people living in the Nashville area. A random sample of 10 people employed in Nashville provided the following information. 9 10 10 3 34 36 32 32 32 3843 37 40 33 5 76 x (number of job changes) Y (Salary in $1000 In this setting we have Σχ = 62, Ху-357, ΣΧ2-462, Xy2-12,875, and ΣΧγ...

  • The billing department of a national cable service company is conducting a study of how customers...

    The billing department of a national cable service company is conducting a study of how customers pay their monthly cable bills. The cable company accepts payment in person at a local​ office, by​ mail, by credit​ card, or by electronic funds transfer from a bank account. The cable company randomly sampled 400 customers to determine if there is a relationship between the​ customer's age and the payment method used. The accompanying sample results were obtained. Based on the sample​ data,...

  • 10 A sociologist is interested in the relation between x = number of job changes and...

    10 A sociologist is interested in the relation between x = number of job changes and y = annual salary (in thousands of dollars) for people living in the Nashville area. A random sample of 10 people employed in Nashville provided the following information. X (number of job changes) Y (Salary in $1000) 6. 5 10 10 3 36 34 35 32 32 38 43 37 40 33 In this setting we have Ex = 58, Ey = 360, Ex...

  • A grocery store manager did a study to look at the relationship between the amount of...

    A grocery store manager did a study to look at the relationship between the amount of time (in minutes) customers spend in the store and the amount of money (in dollars) they spend. The results of the survey are shown below. Time 18 24 9 32 12 17 22 28 15 21 19 Money 31 30 26 79 24 37 45 88 22 35 25 A. r =   [ Select ] 0.19", "0.81", "0.37", "0.92"]         Round to three...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT