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We conducted a study of professor's salaries at multiple time points over the last 25years and attempted to correlate them to the price of alcohol
- We conducted a study of professor's salaries at multiple time points over the last 25years and attempted to correlate them to the price of alcohol at those times. We find a highly significant correlation coefficient (= 0.7, p = 0.001). What is your interpretation of this finding? Consider three possible explanations and make a judgment about the plausibility of each.
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