Calculate percentages for the following table. A prior Gamma analysis has indicated that the relationship is...

Calculate percentages for the following table. A prior Gamma analysis has indicated that the relationship is significant (p-value <0.05). Use these percentages to assess the strength (using the maximum difference method) and direction of this relationship.

FAMILY INCOME AND HAPPINESS (2004 GSS DATA)
Happiness
Family Income	Not too happy	Pretty happy	Very Happy	Total
Below Average	16	36	15	67
Average	11	36	21	68
Above Average	2	12	8	22
Total	29	84	44	157

Write a bullet points describing the relationship between these two variables

Expert Solution

The percentages are:

		Not too happy	Pretty happy	Very Happy	Total
Below Average	Observed	16	36	15	67
	% of total	10.2%	22.9%	9.6%	42.7%
Average	Observed	11	36	21	68
	% of total	7.0%	22.9%	13.4%	43.3%
Above Average	Observed	2	12	8	22
	% of total	1.3%	7.6%	5.1%	14.0%
Total	Observed	29	84	44	157
	% of total	18.5%	53.5%	28.0%	100.0%

There is a strong relationship between those who have an average family income and are pretty happy.

There is a weak relationship between those who have above average family income and are not happy.

Since the family income is dependent on the happiness level, it is observable there is an association between family income and happiness.

Thus, we can say that there is a relationship between family income and happiness.

orchestra answered 1 year ago

Calculate the appropriate percentages for bivariate analysis and provide a brief summary of the relationship between...

Calculate the appropriate percentages for bivariate analysis and provide a brief summary of the relationship between education and divorce using the method of comparing percentage differences discussed in the chapter and in class. Highest Degree Ever Been Divorced School High School Junior College Bachelors Degree Graduate Degree Yes 107 362 55 89 52 No 285 867 149 374 195

A recent census report indicated the following percentages for methods of commuting to work for workers...

A recent census report indicated the following percentages for methods of commuting to work for workers over 15 years of age: 76.6% drive alone, 9.7% carpool, 4.9% use public transportation, 2.8% walk, 1.7% use other forms of transportation, 4.3% work at home. A random sample of workers yielded the following table of observed methods of commuting to work. Method Alone Carpool Public Walk Other Home Observed 355 65 30 20 10 20 Is there sufficient evidence to conclude that the...

The employees at Table Manufacturing perform the following tasks as indicated in Table A and Table...

The employees at Table Manufacturing perform the following tasks as indicated in Table A and Table B. Employee A Roles and Responsibilities Employee B Roles and Responsibilities Reports to CFO Reports to CFO Raises capital through issuing stocks and bonds General financial accounting General managerial accounting Tax preparation Which of the following is the role of Employee A and Employee B?

The following table depicts the percentages of people within each county in northeast Florida that that...

The following table depicts the percentages of people within each county in northeast Florida that that rely on Medicare or Medicaid for their health insurance. County % Residents on Medicare/Medicaid Duval 12.00% Columbia. 13.40% Nassau 13.20% Flagler 12.80% Putnam 12.90% Clay 23.10% St Johns 11.60% Baker 12.40% Bradford 13.40% A) Depict the information presented in the above table in a stem-and-leaf plot. B) Describe the shape of the distribution. C) What is the average percentage of residents that rely on...

DuPont Analysis of Return on Equity 1. Using the following table, calculate the ROE in each...

DuPont Analysis of Return on Equity 1. Using the following table, calculate the ROE in each year using the simple formula. 2. Use the three step DuPont ROE process and show your work. 3. Summarize the findings in your DuPont ROE analysis. Select Financial Data for ABC Corp. 2017 2018 2019 Sales 20,000 22,000 25,000 Net Income 1,000 1,500 1,600 Total Assets 20,000 20,000 30,000 Total Equity 15,000 16,000 15,000

Given the following price and dividend information, calculate the holding period return. (Enter percentages as decimals...

Given the following price and dividend information, calculate the holding period return. (Enter percentages as decimals and round to 4 decimals) Year Price Dividend 0 50.72 1 43.54 1.75 2 49.22 2.10 3 51.30 2.20 4 52.45 2.50 5 56.35 2.75

Given the indicated maturities listed in the following table, assume the following yields for US Treasury...

Given the indicated maturities listed in the following table, assume the following yields for US Treasury securities: Maturity (Years) 1 5 10 20 30 Yield (%) 3.6 5.5 5.5 4.2 4.0 On the following graph, plot the yield curve implied by these interest rates. Place a blue point (circle symbol) at each maturity and interest rate in the table, and the yield curve will draw itself. Yield Curve051015202530109876543210INTEREST RATE (Percent)MATURITY (Years) The graph’s yield curve represents yield curve. Based on...

Using the following thermochemical tables, calculate the indicated equilibrium constant at 298 K for the following...

Using the following thermochemical tables, calculate the indicated equilibrium constant at 298 K for the following reactions. (a) H2(g) + I2(s) -> 2HI(g) Kp = ? (b) NH3(aq) + H2O(l) = NH4+(aq) + OH-(aq) Kb = ? (c) Fe(OH)2(s) = Fe2+(aq) + 2OH-(aq) Ksp = ? Substance ΔHo (kJ/mol) ΔGo (kJ/mol) So (J/mol K) Al(s) 0 0 28.32 Al2O3(s) -1669.8 -1576.5 51.0 CH3OH(l) -238.6 -166.23 126.8 CO(g) -110.5 -137.2 197.9 CO2(g) -393.5 -394.4 213.6 Cl2(g) 0 0 222.96 Cl –(aq)...

From the table below, use a simple linear regression analysis to establish the relationship that may...

From the table below, use a simple linear regression analysis to establish the relationship that may exist between a) number of confirmed cases and deaths; b) number of confirmed cases and number of tests performed; c) number of confirmed cases and number of recoveries; and d) number of deaths and number of recoveries. Briefly discuss these relations. Date Total confirmed Death Recoveries Test 1-Apr 195 5 3 12046 2-Apr 204 5 3 12046 3-Apr 205 5 3 12046 4-Apr 214...

For 2 MeV alpha, beta, and gamma emissions calculate the following quantities relativistically for each emission:...

For 2 MeV alpha, beta, and gamma emissions calculate the following quantities relativistically for each emission: T (Kinetic Energy), E (total energy), gamma (correction factor), p (momentum), m (mass), and v (frequency). Use nuclear units, i.e., keV or MeV for energies, keV/c or MeV/c for momenta, MeV/c2 for masses and express velocities in units of c.

Question