Reference no: EM1315329
Q1) Your employer says you to find out whether sales of cars (DV) can be forecasted from GDP (Gross Domestic Product).
1) Suitable inferential statistical test for case scenario?
2) Referring back to item 1, if computed statistical result is significant, what would you know?
3) You run a two tail t-test. Critical value for this test at.05 level is a t of 7.82. Determine value should the obtained t-test statistic to be considered significant at.05 level?
Q2) Researcher wants to know if there is relationship between person's highest level of education (IV) and differences in life satisfaction (DV). She sets her subjects into four samples, i.e., 1) less than high school degree, 2) high school graduate, 3) some college, or 4) college degree. She makes a life satisfaction survey by using a 4-point ordinal scale.
1) Would Kruskal-Wallis be the suitable statistical procedure to test this Research Question (RQ)? Describe your answer.
2) When would you use Chi-Square test rather than One-Way Anova?