In: Statistics and Probability
we examine relationship between satisfaction with one's finances and agreement to the statement, " Immigrants take jobs away from people born in America" as measured in the GSS 2014. Responses to the immigrant statement (IMMJOBS) are masure on an ordinal scale : 1=strongly agree, 2=agree, 3
We can carry out a correlation analysis between the 2 responses, 1. Satisfaction with one's finances, and 2. Response to the immigrant statement.
I suppose we are using the data available at http://gss.norc.org/get-the-data/ on the GSS site. The data can be downloaded and a simple correlation analysis between the above 2 variables carried out to understand the nature of the relationship (positively/negatively correlated). At the outset, the 2 variables are expected to have a significantly negatively correlated, as people who rank lower on the satisfaction with their finance (i.e. having a lower personal finance satisfaction score), will be expected to agree more with the claim that immigrants take away jobs from America-born people.
Pls let me know if this is clear, else you can share the data and we can work out the correlation to demonstrate the above. The Excel function CORREL() can be used to work out the correlation very easily.