Data Were Collected for a Sample of 12 Pharmacists to Determine

question 24

Multiple Choice

Data were collected for a sample of 12 pharmacists to determine if years of experience and salary are related. A regression was run with the dependent variable Salary (thousands of dollars) and independent variable Experience (years) . Suppose The P-value associated with the calculated t-statistic is < .001. At the .05 level of Significance we

• A) reject the null hypothesis.
• B) do not reject the null hypothesis.
• C) conclude that years of experience is significant in explaining pharmacists' salary.
• D) Both A and C.
• E) Both B and C.

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Definitions:

Simpson's Paradox

A phenomenon in probability and statistics in which a trend apparent in different groups of data disappears or reverses when these groups are combined.

Quantitative

Relating to, measuring, or measured by the quantity of something rather than its quality.

Hatchery Fish

Fish that are bred and raised in artificial environments for purposes such as restocking depleted fishing areas.

Life Span

The duration of time from the birth to the death of an organism or a specified duration of existence for non-living entities.