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Imagine we are investigating whether there is a relationship between IQ and annual income. Our correlation coefficient is 0.95. We look at the tabl in our text for the critical value and determine that this correlation coefficient is significant. So, we know that our findings show that people with higher income are more likely to have higher IQ. These variables are related to each other. Can we conclude that higher annual income causes someone to have a higher IQ? Why/Why not?

Imagine we are investigating whether there is a relationship between IQ and annual income. Our correlation coefficient is 0.95. We look at the tabl in our text for the critical value and determine that this correlation coefficient is significant. So, we know that our findings show that people with higher income are more likely to have higher IQ. These variables are related to each other. Can we conclude that higher annual income causes someone to have a higher IQ? Why/Why not?

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Imagine we are investigating whether there is a relationship between IQ and annual income. Our correlation coefficient is 0.95. We look at the table in our text for the critical value and determine that this correlation coefficient is significant. So, we know that our findings show that people with higher income are more likely to have higher IQ. These variables are related to each other. Can we conclude that higher annual income causes someone to have a higher IQ? Why/Why not?
Transcribed Image Text:Imagine we are investigating whether there is a relationship between IQ and annual income. Our correlation coefficient is 0.95. We look at the table in our text for the critical value and determine that this correlation coefficient is significant. So, we know that our findings show that people with higher income are more likely to have higher IQ. These variables are related to each other. Can we conclude that higher annual income causes someone to have a higher IQ? Why/Why not?
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