[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 |
- Is there a correlation between income and happiness? Calculate a suitable parameter to answer this question and interpret your results.
- 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.
- 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 