Refer to the Wage data, which report information on annual wages for a sample of 100 workers.

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Refer to the Wage data, which report information on annual wages for a sample of 100 workers. Also included are variables relating to industry, years of education, and gender for each worker.

a. Determine the correlation between the annual wage and the years of education. At the .05 significance level can we conclude there is a positive correlation between the two variables?

b. Determine the correlation between the annual wage and the years of work experience. At the .05 significance level can we conclude there is a positive correlation between the two variables?

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Basic Statistics For Business And Economics

ISBN: 9780077230968

6th Edition

Authors: Douglas Lind, William Marchal, Samuel Wathen

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