3. The CFO of a small business wants to kn ow whether there\'s a relationship jo

Question

3. The CFO of a small business wants to kn ow whether there's a relationship job performance. To test this, she gathers information about each emplovee's annual salary his/her most recent job evaluation, the latter ranging from 0- 10-excepti below. and their score of 10, with onal job performance. The data for her employees are provided Covrelation Annual Salary $100,000 $80,000 $25,000 $44,000 $62,000 $150,000 $10,000 Job Performance 8 7 4 5 6 2 A. Write the results for all findings. B. Based on the findings, what conclusions/interpretations can be drawn? +5 Extra Credit: why can we not conclude annual salary causes excellent job performance. C.

Explanation / Answer

a)

correlation = 0.95636

b)

p-value = 0.0006

hence correlation is significant

c)

annual salary is dependent variable

and job performance is independent , hence

annual salary is affected by job performance and not vice-versa

annual salary job performance annual salary 1 job performance 0.959360263 1

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