Question: Correlations, Anyone?

Please answer the following as fully as possible:

a. 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

b. 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.

c. Which implies a stronger linear relationship: a correlation of +.4, or a correlation of -.6? Explain.