Question: It seems rather obvious that the longer one works the more one earns. The question is how much more one earns annually for each additional
It seems rather obvious that the longer one works the more one earns. The question is how much more one earns annually for each additional hour of work. Conduct an analysis of annual income (INCOME) and number of hours per week of work (HRS1).
a. Test to determine whether there is a positive linear relationship.
b. Estimate with 95% confidence the increase in annual income for each additional hour of work per week.
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a H 0 1 0 H 1 1 0 t 1134 pvalue 0 There is enough evidence to infer tha... View full answer
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