Answer the Questions That Follow This SPSS Output

question 38

Essay

Answer the questions that follow this SPSS output:
 
EDUC is an interval/ratio variable that measures number of years of formal schooling completed. This figure describes the scores on EDUC for a group of World War I fiftysomethings and a group of baby boomer fiftysomethings.
A) In which group was there more variability in years of schooling completed: the World War I fiftysomethings, the baby boom fiftysomethings, or was the amount of variability within the two groups exactly the same? ____________________
B) Justify your answer in no more than two sentences. Name the statistic(s) that backs up your conclusion and indicate its value(s).

• A) In which group was there more variability in years of schooling completed: the World War I fiftysomethings, the baby boom fiftysomethings, or was the amount of variability within the two groups exactly the same? ____________________
• B) Justify your answer in no more than two sentences. Name the statistic(s) that backs up your conclusion and indicate its value(s).

---

Definitions:

Profit-Maximizing

Profit-maximizing refers to a strategy or behavior where a firm or individual seeks to achieve the highest possible profit through their decisions and actions, often by adjusting output or pricing.

Externality

The uncompensated impact of one person’s actions on the well-being of a bystander

Total Cost

The sum of all expenses incurred in the production of goods or services, including both fixed and variable costs.

Organic

Pertaining to or derived from living organisms; in agriculture, involving food produced without the use of synthetic pesticides or fertilizers.