A Sociologist Wishes to Study the Relationship Between Happiness and Age

question 77

Multiple Choice

A sociologist wishes to study the relationship between happiness and age. He interviews 24 individuals and collects data on age and happiness, measured on a scale from 0 to 100. He estimates the following model: Happiness = β₀ + β₁Age + ε. The following table summarizes a portion of the regression results. At the 1% significance level, which of the following is correct for the test about the population slope?

• A) Do not reject the null hypothesis. At 1% significance level, we cannot conclude that Age is significant in explaining Happiness.
• B) Do not reject the null hypothesis. At 1% significance level, we conclude that Age is significant in explaining Happiness.
• C) Reject the null hypothesis. At 1% significance level, we conclude that Age is significant in explaining Happiness.
• D) Reject the null hypothesis. At 1% significance level, we cannot conclude that Age is significant in explaining Happiness.

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Definitions:

Time Management

It involves coordinating tasks and activities by priority and necessity to maximize the effectiveness of an individual's effort and focus.

Complicated Project

A project characterized by multiple challenging aspects, which could include intricate logistics, high levels of uncertainty, or complex stakeholder needs.

Smaller Tasks

Breaking down large projects or activities into more manageable and achievable parts or steps.

Time-Wasting Interruptions

Unnecessary breaks in focus or activity that hinder productivity and efficiency.