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A local politician was interested in determining whether income level affects opinion regarding the government's bailout bill for easing the 2008 financial crisis on Wall Street.
He surveyed a sample of his constituents and got the following results. The calculated
Value of the Chi Square statistic is
Pearson Correlation Value
A statistic that measures the linear correlation between two variables, indicating the strength and direction of their relationship.
Variance
A measure of the dispersion or spread of a set of values, calculated as the average of the squared deviations from the mean.
Research Hypothesis
A statement made for a study based on predictions of a possible outcome, which can be tested through research or experimentation.
Correlation Coefficient
An index that quantifies the magnitude and direction of a straight-line association between a pair of variables.
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