[See Steps] people were asked about their monthly income and if they are happy with their current job. The following contingency table displays the results


Question: 150 people were asked about their monthly income and if they are happy with their current job. The following contingency table displays the results of the study:

Observed Not happy Happy Very Happy Total
<1000 euros 30 5 5 40
1000 - 2000 euros 14 8 10 32
2000 - 4000 euros 7 15 20 42
>4000 euros 0 18 18 36
  1. Is there a correlation between income and happiness? Calculate a suitable parameter to answer this question and interpret your results.
  2. In this question we are only interested if a person is very happy with their job or not. Create the according contingency table and calculate the same parameter you chose in a). Interpret your results.
  3. Compare and interpret the difference between the results you got in a) and b).

Price: $2.99
Solution: The downloadable solution consists of 5 pages
Deliverable: Word Document

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