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Yasmine believes that attractive people make more money because among her four friends who work at a local restaurant, the most attractive of the four makes the most in tips. A study by Judge, Hurst, and Simon (2009) found that attractive people make more money than unattractive people. Provide two reasons why Yasmine should be more convinced about the relationship between attractiveness and income by the Judge, Hurst, and Simon paper than by her personal experience.
Confidence interval
A set of values obtained from sample data which probably encompasses the value of an unspecified population parameter.
Average hourly income
The mean income earned by an individual per hour of work.
Standard deviation
A metric that calculates the degree of spread or variability within a data set.
Standard error
A measure of the statistical accuracy of an estimate, indicating the variability of sample means around the population mean.
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