Please write legibly and thank you so much for your help! -Name two variables (e
ID: 3353475 • Letter: P
Question
Please write legibly and thank you so much for your help!
-Name two variables (e.g. number of years of education and yearly income), then discuss what you think the relationship would be between those variables (e.g. there would be a positive correlation between income and the number of years of education). Next,
Determine which of your two variables is the independent variable and which is the dependent variable (e.g., education is the independent variable and income is the dependent variable). Now,
Explain the relationship between your independent variable and dependent variable using regression terminology (Hint: The correct answer is not, “as education increases, income also increases”. That would be using correlation terminology. You can write out the regression equation if it will help you to interpret this relationship).
Explanation / Answer
Two variables can be age and yearly income.
Independent variable- Age
Dependent variable- Yearly income
I believe the relationship between them will be positive and increasing.
For every unit increase in age, the average yearly income increased by $ a units.
y= ax+b where x is age and y is income.