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The question below refers to the following situation:
A researcher is interested in studying the relationship between the socioeconomic status (SES) of a community and the crime rate in that community. Here is the data (N = 156) she is working with:
Are the results statistically significant and, if so, at what level?
Constant Percentage
A fixed proportion or rate that is applied to a specific calculation, such as in investment strategies or financial formulas.
Tax Rate
The percentage at which an individual or corporation is taxed, often varying based on income or profit levels.
Cash Dividends
Dividends paid in the form of cash to shareholders, typically out of the company's current or retained earnings.
Retained Earnings
The portion of net income that is not distributed to shareholders as dividends, but instead reinvested in the business.
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