Question

In one or two sentences, explain what conclusion can be drawn about the relationship between age and income. Please explain this to someone who has never taken statistics.

In one or two sentences, explain what conclusion can be drawn about the relationship between education and income. Please explain this to someone who has never taken statistics.

Answer 1

The relation between age and income can be found to positive, that means with increase in age the income increases. As we can follow around generally an adult earns more than a part time working teanager and with more experience working you get higher payout for your expertise and experience.

The relationship between education and income can be found positive and moderate, that means with increase in education the income increases. This generally you can confirm around also that if a person is having a college degree, generally he he earns good as they come under the skilled employee. But there is also a fact that some of the rich people are college drop outs but there exposure to different domains add up to their experience and education.