Suppose you have a theory that Education Level is related to Income Level (in $) by...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Suppose you have a theory that Education Level is related to Income Level (in $) by means of an intervening (mediator) variable (the number of hours per week spent online). You measure Education Level by means of the number of years of post-high school education. You obtain the following data for 15 subjects. Education Level Number of Hours per week Income 2 42 35,000 23 47,000 40,000 53,000 27,000 70,000 1 39 4 25 43 8 23 34 45,000 30,000 18,000 36 1 40 52,000 48,000 17,000 38,000 21 26 1 39 33 30 44,000 33,000 2 43 Perform all necessary statistical tests needed to test your theory that the number of hours online is a mediating variable between the education-income relationship. Be sure to include all null hypotheses tested and all conclusions reached. Suppose you have a theory that Education Level is related to Income Level (in $) by means of an intervening (mediator) variable (the number of hours per week spent online). You measure Education Level by means of the number of years of post-high school education. You obtain the following data for 15 subjects. Education Level Number of Hours per week Income 2 42 35,000 23 47,000 40,000 53,000 27,000 70,000 1 39 4 25 43 8 23 34 45,000 30,000 18,000 36 1 40 52,000 48,000 17,000 38,000 21 26 1 39 33 30 44,000 33,000 2 43 Perform all necessary statistical tests needed to test your theory that the number of hours online is a mediating variable between the education-income relationship. Be sure to include all null hypotheses tested and all conclusions reached.
Expert Answer:
Answer rating: 100% (QA)
Answer The initial test is r 0647 N 15 r 0804 K 1 Std Err... View the full answer
Related Book For
Discovering Advanced Algebra An Investigative Approach
ISBN: 978-1559539845
1st edition
Authors: Jerald Murdock, Ellen Kamischke, Eric Kamischke
Posted Date:
Students also viewed these banking questions
-
Suppose you have a $200,000 home loan with an annual interest rate of 6.5%, compounded monthly. a. If you pay $1200 per month, what balance remains after 20 years? b. If you pay $1400 per month, what...
-
Suppose you have a production technology that can be characterized by a learning curve. Every time you increase production by one unit, your costs decrease by $6. The first unit costs you $64 to...
-
Suppose you have a teammate at work. Who is not doing their fair share of the work? You have already spoken to the teammate, but he just shrugs his shoulders and continues to "do the minimum." You...
-
Alpha Mann Ltd makes and sells computer carry bags. Bill Blake, the company accountant, is responsible for preparing the company's annual budget. In compiling the budget data for next year, Blake has...
-
A 7-cm-external-diameter, 18-m-long hot-water pipe at 808C is losing heat to the surrounding air at 5oC by natural convection with a heat transfer coefficient of 25W/m2oC. Determine the rate of heat...
-
At the end of an accounting period, a company has each of the following: (a) A present obligation which will probably require an outflow of resources (b) A present obligation which will probably not...
-
To determine air velocity changes, it is proposed to measure the electric current required to maintain a platinum wire of \(0.25-\mathrm{mm}\) diameter at a constant temperature of \(77^{\circ}...
-
If employee-investors are unsophisticated and unlikely to be materially influenced by educational efforts, the best way to improve the welfare of employee-investors is pension design. Discuss.
-
Imagine two countries (A and B) operate in the Gold Standard era. The gold content of the country B's currency (B$) is twice that of the country A's currency (A$). The transportation cost of the gold...
-
Alan and Angel Young are both 36 years old. Mr. Young recently accepted a new job making $93,000 a year and Mrs. Young is currently unemployed. The Youngs have two children (ages 4 and 2), a dog, and...
-
What interest rate must you earn to have $500,000 in a savings account in 20 years if you contribute $2,500 per year? At retirement you have $750,000 in your savings account. You intend to withdraw...
-
What are the five principal categories of check tampering?
-
List five symptoms of fraud that Adelphia exhibited and explain the reasoning for your choices?
-
How many Rigas-related parties were in executive leadership roles at Adelphia?
-
What is meant by a conflict of interest?
-
For how many years was John Rigas sentenced to prison?
-
CP Limited is considering investing in the following project: Initial investment R120 000 Annual revenues R50 000 Annual variable costs R15 000 Salvage / scrap value R5 000 Discount rate 14.35%...
-
Prove the formula for (d/dx)(cos-1x) by the same method as for (d/dx)(sin-1x).
-
The pilot of a small boat charts a course such that the boat will always be equidistant from an upcoming rock and the shoreline. Describe the path of the boat. If the rock is 2 miles offshore, write...
-
The graph at right is the image of y = 1/x after a transformation. a. Write an equation for each asymptote. b. What translations are involved in transforming y = 1/x to its image? c. The point (4, -...
-
Write a recursive formula for each financial situation. a. You borrow $10,000 at an annual interest rate of 10%, compounded monthly, and each payment is $300. b. You buy $7000 worth of furniture on a...
-
Why is it important to test a theory? Why not simply accept a theory if it sounds right?
-
What is the intuition behind the geometric growth in interest?
-
You have $100,000 to donate to your college. You want to endow a perpetual scholarship that makes its first payment in 1 year. If the colleges discount rate is 4%, how large will the annual...
Study smarter with the SolutionInn App