Calculate the Correlation Between Weekly Take-Home Pay and Amount Spent

question 6

Essay

Calculate the correlation between weekly take-home pay and amount spent weekly on recreational activities.

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Definitions:

Internal Validity

The extent to which a research study can demonstrate that a causal relationship exists between the independent and dependent variables, free from confounding variables.

External Validity

The degree to which a study's findings can be applied to other contexts and different individuals.

Validity

The extent to which a test, measurement, or study accurately reflects or assesses the specific concept it is intended to measure.

Accurate Representation

is the degree to which an account or depiction reflects the true nature or details of the subject being represented.