(Step-by-Step) Correlations, Anyone? Please answer the following as fully as possible: For each of the following pairs of variables, is the correlation


Question: Correlations, Anyone?

Please answer the following as fully as possible:

  1. For each of the following pairs of variables, is the correlation likely positive, negative or none? Explain your response.
    Years of education and salary
    Years of education and happiness
    Age and wealth
    Age and health
    Number of resumes distributed and number of job offers
    Top management compensation and company performance
  2. Suppose a weak relationship exists between two variables in a population. Which would be more likely to result in a statistically significant relationship between the two variables: a sample size of 100, or a sample size of 10,000? Explain.
  3. Which implies a stronger linear relationship: a correlation of +.4, or a correlation of -.6? Explain.

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