Question

Suppose that X represents the number of years a person goes to school, and Y represents...

Suppose that X represents the number of years a person goes to school, and Y represents the income they earn after finishing those years of school. Years of schooling is widely believed to be a major determinant of income. Explain whether this correlation is likely to be causal or not.

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
calculate the covariance and correlation between x and y when x represents the number on the...
calculate the covariance and correlation between x and y when x represents the number on the top of a die and y represents the number on the bottom of the die!
Consider the probability distribution of the discrete random vector [X,Y] where X represents the number of...
Consider the probability distribution of the discrete random vector [X,Y] where X represents the number of orders for chickens in August at neighboring supermarket and Y represents the number of orders in September. The Joint distribution is showing the following table. Y 51 52 53 54 55 51 0.06 0.05 0.05 0.01 0.01 52 0.07 0.05 0.01 0.01 0.01 53 0.05 0.10 0.10 0.05 0.05 54 0.05 0.02 0.01 0.01 0.03 55 0.05 0.06 0.05 0.01 0.03 Find the probability...
Suppose x represents the size of the caribou population (in hundreds) and y represents the size...
Suppose x represents the size of the caribou population (in hundreds) and y represents the size of the wolf population in Denali National Park. x 30 34 27 25 17 23 20 y 66 79 70 60 48 55 60 a) Given that x ̄ = 25.1429, y ̄ = 62.5714, sx = 5.8146, sy = 10.1630, and r = .9150, find the least squares regression line, yˆ = b1x + b0. Round each number to 4 decimal place Predict...
16- Your total pay y is proportional to the number of hours x that you work....
16- Your total pay y is proportional to the number of hours x that you work. Suppose in 2 hours your wage is $24. a) Write an equation that represents the situation described above. b) How many hours must you work to earn $192? c) Is the equation you found in part (a) represent a mathematical or statistical model? Explain.
1. Suppose the equation p(x,y)=-2x^2+80x-3y^2+90+100 models profit when x represents the number of handmade chairs and...
1. Suppose the equation p(x,y)=-2x^2+80x-3y^2+90+100 models profit when x represents the number of handmade chairs and y is the number of handmade rockers produced per week. (1) How many chairs and how many rockers will give the maximum profit when there is not constraint? (2) Due to an insufficient labor force they can only make a total of 20 chairs and rockers per week (x + y = 20). So how many chairs and how many rockers will give the...
Suppose that x and y are bit strings of length n and m is the number...
Suppose that x and y are bit strings of length n and m is the number of positions where both x and y have 1s. Show that w(x+y) = w(x)+w(y)− 2m. Please explain.
In the following problems, set X represents the domain and Y is the set of values...
In the following problems, set X represents the domain and Y is the set of values that occur with a potential function, Confirm whether the function f can be defined according to the mapping Y. Set X consists of all the alumni of Anycollege University, set Y is each alumnus' alma mater. S X consists of the workers at Busy Firm, set Y is each worker's social security number Set X consists of all the people who have shared the...
A researcher collected the following data on years of education (X) and number of children (Y)...
A researcher collected the following data on years of education (X) and number of children (Y) for a sample of married adults: X Y 12 2 14 1 17 0 10 3 8 5 9 3 12 4 14 2 18 0 16 2 a. Draw a scatterplot of the data. b. Calculate the correlation between education and number of children for this sample of 10 married adults. c. Interpret the correlation between education and number of children. d. Is...
Suppose we toss a fair coin twice. Let X = the number of heads, and Y...
Suppose we toss a fair coin twice. Let X = the number of heads, and Y = the number of tails. X and Y are clearly not independent. a. Show that X and Y are not independent. (Hint: Consider the events “X=2” and “Y=2”) b. Show that E(XY) is not equal to E(X)E(Y). (You’ll need to derive the pmf for XY in order to calculate E(XY). Write down the sample space! Think about what the support of XY is and...
Below are the data for six participants giving their number of years in college (X) and...
Below are the data for six participants giving their number of years in college (X) and their subsequent yearly income (Y). Income here is in thousands of dollars, but this does not require any changes in our computations. Test whether there is a relationship with α=.05. SHOW ALL WORKS STEP BY STEP PLEASE. X Y 0 15 1 15 3 20 4 25 4 30 6 35
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT