What are the multiple correlations of three sets of predictors and overall state of health? The first set of predictors contains demographic variables (age and years of education). The second….
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Debate if “failing to reject the null” is the same as “accepting the null.”
1. Debate if “failing to reject the null” is the same as “accepting the null.” Support your position with examples of acceptance or rejection of the null.
2. Debate the following statement: “Correlation means causation.” Determine whether this statement is true or false, and provide reasoning for your determination, using the Possible Relationships Between Variables table from your textbook.
3. Employees from Company A and Company B both receive annual bonuses. What information would you need to test the claim that the difference in annual bonuses is greater than $100 at the 0.05 level of significance? Write out the hypothesis and explain the testing procedure.
