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The Correlation Between Employee IQ and Productivity in a Factory

question 6

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The correlation between employee IQ and productivity in a factory is .12 with a significance of p < .01. What can we conclude?


Definitions:

Per Capita GDP

Gross Domestic Product per person, a measure of a country's economic output that accounts for its population.

Population

The total number of individuals inhabiting a specific area or country.

Consumption

The use of goods and services by households. It is the largest component of aggregate demand in an economy.

Underground Economy

Economic activities that occur outside of government regulation and taxation, including both illegal activities and unreported income from legal work.

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