Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A researcher is interested to see if having a college degree results in higher incomes. She knows the average income for the general population (in

image text in transcribed

image text in transcribed
A researcher is interested to see if having a college degree results in higher incomes. She knows the average income for the general population (in thousands) is u = 39.1, with a standard deviation of o = 4.6. She collects a sample of 36 college graduates (N) and determines that their average sample income is xbar = 42.3, with a standard deviation of Sx = 3.9 (6 points). A) Please calculate and report the appropriate statistic, showing all your steps. B) Based on an alpha = .05. the critical values are +/- 1.96, should you retain or reject the null hypothesis? C) Would the p-value be bigger or smaller than alpha? D) Please calculate, report, and interpret the appropriate standardized effect size (Cohen's d) for these data. Hint: Is this a small, medium, or large effect? E) In everyday language, what do these results tell you about the research question? What can we conclude about college degrees and income

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Real Analysis

Authors: N L Carothers

1st Edition

1139632434, 9781139632430

More Books

Students also viewed these Mathematics questions

Question

3. What is my goal?

Answered: 1 week ago

Question

2. I try to be as logical as possible

Answered: 1 week ago