An Appropriate Statistical Technique That One Might Use to See

question 84

Multiple Choice

An appropriate statistical technique that one might use to see how Scholastic Aptitude Test Scores and High School Grades explain differences among majors in Psychology,Sociology,and Political Science is

• A) linear regression.
• B) multiple regression.
• C) discriminant analysis.
• D) factor analysis.

---

Definitions:

Permanent Income Hypothesis

The theory that an individual's consumption patterns are based on their long-term income expectations rather than their current income.

Income Distribution

How wealth and income are shared among a population, often analyzed for insights into economic inequality.

Minimum-wage Laws

Legislation that sets the lowest legal wage that can be paid to workers, aiming to ensure a minimum standard of living for employees.

Unskilled Labor

Labor that requires no specialized skills, education, or training to perform, often associated with lower wages.