MALIK_BUSI820_Assignment6

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School of Business, Liberty University Faizan Malik Quantitative Analysis- Correlation and Regression Assignment Author Note: Faizan Malik I have no known conflict of interest to disclose. Correspondence concerning this article should be addressed to Faizan Malik: Fmalik@Liberty.edu
BUSI820 Assignment 6 Table of Contents Quantitative Analysis- Correlation and Regression 3 Pearson Correlation Coefficient (r) and Coefficient of Determination (r 2 ) 3 Spearman’s correlation (p) 5 Correlation Matrix 7 F-Value and Standardized Coefficients8 References 10 2
BUSI820 Assignment 6 8.1 What is the correlation between student’s height and parent’s height? Also produce a scatterplot. Interpret the results, including statistical significance, direction, and effect size. Figure 1 Descriptive Statistics Mean Std. Deviation N student height in inches 67.3000 3.93959 50 same sex parent's height 66.7800 5.10418 50 Correlations student height in inches same sex parent's height student height in inches Pearson Correlation 1 .842 ** Sig. (2-tailed) <.001 N 50 50 same sex parent's height Pearson Correlation .842 ** 1 Sig. (2-tailed) <.001 N 50 50 **. Correlation is significant at the 0.01 level (2-tailed). Figure 2 3
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BUSI820 Assignment 6 8.1.a. As explained by Sedgwick (2012), the Pearson correlation coefficient or r value is a measure of the strength of the linear relationship between two variables, with a value of - 1 indicating a perfect negative correlation, a value of 0 indicating no correlation, and a value of 1 indicating a perfect positive correlation (Sedgwick, 2012). As demonstrated in Figure 1, the study of student height and same-sex parent's height yielded a r value, or Pearson coefficient of 0.842, for both combinations of variables, based on a sample size of 50 students and their respective parents. When coupled with a p-value for the correlation is less than 0.001 (p < 0.001), this indicates a strong positive correlation between student height and the height of their same-sex parent. In essence, taller parents tend to have taller children and vice versa, something that is not likely to occur by chance alone. In the study, an R-squared value of 0.708 was obtained. R-squared, also known as the coefficient of determination, is a statistical measure that represents the proportion of the variance in the dependent variable (student height in this case) that is predictable from the independent variable (same-sex parent's height) (Kasuya, 2019). It is a measure of how well the independent variable explains the variability in the dependent variable. Figure 2 demonstrates an R-squared value of 0.708. This indicates that approximately 70.8% of the variance in student height can be explained by their same-sex parent's height but variables, such as genetics, nutrition, and environmental factors, may also play a role in determining a student's height. 4
BUSI820 Assignment 6 8.2 Write a question that can be answered via correlational analysis with two approximately normal or scale variables. Run the appropriate statistics to answer the question. Interpret the results. Figure 3 Correlations age group student's current gpa age group Pearson Correlation 1 .605 ** Sig. (2-tailed) <.001 N 50 50 student's current gpa Pearson Correlation .605 ** 1 Sig. (2-tailed) <.001 N 50 50 Figure 4 Correlations age group student's current gpa Spearman's rho age group Correlation Coefficient 1.000 .617 ** Sig. (2-tailed) . <.001 N 50 50 student's current gpa Correlation Coefficient .617 ** 1.000 Sig. (2-tailed) <.001 . N 50 50 **. Correlation is significant at the 0.01 level (2-tailed). Figure 5 5
BUSI820 Assignment 6 8.1.a. Does the age group of students have a significant correlation with their current GPA? 8.2.b. The results outlined in Figure show the correlation between various age groups and a student’s current GPA, with a Spearman's correlation of 0.617 with both combinations of the variables. Spearman’s correlation, as explained by Hauke & Kossowski (2011), is a non-parametric measure of rank correlation and is used to measure the strength and direction of the monotonic relationship between two variables (Hauke & Kossowski, 2011). This indicates a moderate, but positive correlation between the two variables indicating a tendency for higher GPAs as age increases. These results also have a p-value of less than 0.001 (p < 0.001), indicating a very low probability that the correlation is due to chance alone. 6
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BUSI820 Assignment 6 8.3 Make a correlation matrix using at least four appropriate variables. Identify, using the variable names, the two strongest and two weakest correlations. What were the r and p values for each correlation? Figure 6 age group student's current gpa student height in inches same sex parent's height age group Pearson Correlation 1 .605 ** -.157 -.111 Sig. (2-tailed) <.001 .277 .442 N 50 50 50 50 student's current gpa Pearson Correlation .605 ** 1 -.212 -.134 Sig. (2-tailed) <.001 .140 .353 N 50 50 50 50 student height in inches Pearson Correlation -.157 -.212 1 .842 ** Sig. (2-tailed) .277 .140 <.001 N 50 50 50 50 same sex parent's height Pearson Correlation -.111 -.134 .842 ** 1 Sig. (2-tailed) .442 .353 <.001 N 50 50 50 50 **. Correlation is significant at the 0.01 level (2-tailed). 8.3.1.a. Based on the results in Figure 4, the strongest correlations are between a student’s height in inches and their respect same-sex parent's height (r = 0. 842 and a p-value = <0.001), and a student’s current GPA and their respective age group (r = 0.605 and a p- value = <0.001). The weakest correlations are carried by a student's height in inches (r = - 0.157 and a p-value = 0.277), a student's current GPA, and their same-sex parent's height (r = -0.134 and a p-value = 0.353). 7
BUSI820 Assignment 6 8.4 Is there a combination of gender at birth and same-sex parent’s height that significantly predicts student’s height? Figure 7 Model Summary Model R R Square Adjusted R Square Std. Error of the Estimate 1 .865 a .748 .737 2.01962 a. Predictors: (Constant), sex at birth, same sex parent's height Figure 8 ANOVA a Model Sum of Squares df Mean Square F Sig. 1 Regression 568.794 2 284.397 69.725 <.001 b Residual 191.706 47 4.079 Total 760.500 49 a. Dependent Variable: student height in inches b. Predictors: (Constant), sex at birth, same sex parent's height Figure 9 Coefficients a Model Unstandardized Coefficients Standardized Coefficients t Sig. B Std. Error Beta 1 (Constant) 40.466 7.176 5.639 <.001 same sex parent's height .457 .091 .592 5.038 <.001 sex at birth -2.491 .917 -.319 -2.715 .009 a. Dependent Variable: student height in inches 8
BUSI820 Assignment 6 8.4.1.a. An R-squared value of 0.748, as demonstrated in Figure 7, indicates that 74.8% of the variance within student height can be explained by a combination of their respective gender at birth and their respective same-sex parent's height or a strong relationship amongst the variables. The ANOVA table in Figure 8 shared similar results, with an F-value, or the measure of the variance between groups is large relative to the variance within groups to suggest that the groups are likely to be different from each other (Herzog et al., 2019), of 69.725 and a p-value of < 0.001, also indicating the combination of gender at birth and same-sex parent's height predicts the student's height. Figure 9 demonstrates standardized coefficients for each of the predictor variables, gender at birth and same-sex parent's height, of -0.319 and 0.592 respectively. Standardized coefficients are a measure of the relative importance of independent variables in a regression model and are calculated by dividing the unstandardized coefficients by the standard deviations of the independent and dependent variables (Bring, 1994). Combined this is another stronger indicator that a student’s height can be explained significantly based on their assigned gender at birth and the height of the parent that shares the same sex. 9
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BUSI820 Assignment 6 References Bring, J. (1994). How to standardize regression coefficients.  The American Statistician 48 (3), 209-213. Hauke, J., & Kossowski, T. (2011). Comparison of values of Pearson's and Spearman's correlation coefficients on the same sets of data.  Quaestiones geographicae 30 (2), 87-93. Herzog, M. H., Francis, G., Clarke, A., Herzog, M. H., Francis, G., & Clarke, A. (2019). Anova.  Understanding Statistics and Experimental Design: How to Not Lie with Statistics , 67-82. Kasuya, E. (2019).  On the use of r and r squared in correlation and regression (Vol. 34, No. 1, pp. 235-236). Hoboken, USA: John Wiley & Sons, Inc. Sedgwick, P. (2012). Pearson’s correlation coefficient.  Bmj 345 . 10