Question

A study compared the number of years of education a person received and that person's yearly salary. It was determined that the relationship between these two quantities was linear and the correlation coefficient was 0.91. Which conclusion can be made based on the findings of this study?

Answer 1

Salary earned increases as the number of years of education earned increases.

Explanation:

Given that the correlation between the number of years of education a person receive and his yearly salary yields a linear relationship with a correlation Coefficient of 0.91, this shows that a strong positive relationship exists between the two measured quantities, this is deduced by the positive nature of the correlation Coefficient value obtained and the fact that the value of the Coefficient is close to 1. Hence, salary earned increases as the number of years of education increases and Vice versa.