1. Researchers are studying the relationship between years of education and incomespecifically, they want to know if more education produces more income. Their study population includes 500 participants.

A. Would you expect a positive or negative correlation coefficient?

B. What are the possible values of r (the correlation coefficient)?

C. What are the possible values of the p-value?

D. Which of these is the best description of the relationship between the r-value and the p-value?

i. The larger the r-value the researchers find, the smaller the resulting p-value.

ii. The larger the r-value the researchers find, the larger the resulting p-value.

iii. The r-value is unrelated to the p-value.

iv. The r-value and the p-value are the same.

E. Explain your answer to part d.