Business Stats-Correlation

Home » Downloads » Business Stats-Correlation

Business Stats-Correlation

Correlation An employment agency gathers the following data on its clients: Age Gender Educational level (no high school, high school, associate’s, bachelor’s, master’s) Years of past experience Whether or not they have been successfully placed in employment by the agency
Additionally, the following data is gathered for those who have been successfully placed: Starting salary Current salary Tenure in months

Based on the information above answer the following questions: Which type of correlation procedure would be most appropriate to gauge the relationship between each pair of variables? Do you expect each pair of variables to be significantly correlated or not? Why? For the variables you expect to be significantly correlated, what do you expect the direction of the relationship to be? Why?

 

 

 

……………………………Answer preview……………………………

Correlation An employment agency gathers the following data on its client’s: Age Gender Educational level (no high school, high school, associate’s, bachelor’s, master’s) Years of experience Whether or not they have been successfully placed in employment by the agency……………………………

APA

482 words

× Lets chat on whatsapp?