Week 8 Discussion.docx

# Week 8 Discussion.docx - 1 Correlations Highest Year of...

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Model Summary Model R R Square Adjusted R Square Std. Error of the Estimate 1 .413 .170 .170 39485.248 a. Predictors: (Constant), Highest Year of School Completed ANOVA Model Sum of Squares df Mean Square F Sig. 1 Regression 74021003595 8.052 1 74021003595 8.052 474.772 .000 Residual 360446041407 75.345 2312 1559084835.975 Total 4344814176733 .397 2313 a. Dependent Variable: Family Income in Constant Dollars b. Predictors: (Constant), Highest Year of School Completed Coefficients Unstandardized Coefficients Standardized Coefficients Model B Std. Error Beta t Sig. 1 (Constant) -32720.524 3821.483 -8.562 .000 Highest Year of School Completed 5912.694 271.358 .413 21.789 .000 a. Dependent Variable: Family Income in Constant Dollars 1 Correlations Highest Year of School Completed Family Income in Constant Dollars Highest Year of School Completed Pearson Correlation 1 .413 Sig. (2- tailed) .000 N 2537 2314 Family Income in Constant Dollars Pearson Correlation .413 1 Sig. (2-tailed) .000 N 2314 2314 ** Correlation is significant at the .01 level (2-tailed).

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RQ: Is there a relationship between highest level of education completed and income?
• Summer '17
• Statistics, Statistical hypothesis testing, Correlation and dependence, Pearson product-moment correlation coefficient, Spearman's rank correlation coefficient

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