F-test and the P-value Psychology Statistics Essay Assignment Paper
F-test and the P-value Psychology Statistics Essay Assignment Paper
Identify the R-squared value for this data set, along with the R-value. Explain what each means.
F-test and the P-value Psychology Statistics Paper
A human resources (HR) manager wants to know if annual performance review scores can be predicted by the number of vacation days taken during the year and the number of dependents an employee claims. She randomly pulls the vacation, W-2, and performance review records of twenty employees. The data is presented below.F-test and the P-value Psychology Statistics Paper
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Using the above data, run a correlation matrix and then run a regression analysis in Microsoft Excel that will answer the human resources (HR) manager’s question. Examine the results and consider the implications. Write a 3- to 4-page paper based on the results and implications. Make sure to include your data printout and justify your responses. In your paper, address the following questions:F-test and the P-value Psychology Statistics Paper
Identify the R-squared value for this data set, along with the R-value. Explain what each means.
Describe what the F-test and the p value tell us in general and name each for these data sets and analyses.
Explain what can be learned from the multiple regression that may not be known from the correlation matrix.
Justify whether performance review scores can be predicted by the number of days of vacation taken, dependents claimed, or vacation days taken in combination with the number of dependents. Support your position.F-test and the P-value Psychology Statistics Paper
Describe any potential ethical or legal concerns related to this research. Provide a rationale backed by authoritative references to support your position.
Your final product should include your Microsoft Excel computations and a 3- to 4-page Microsoft Word document. Utilize a minimum of three scholarly sources.
Use the following headings and subheadings to organize your paper:
Defining and explaining concepts
Prediction
R-squared and R-value
F-test. F-test and the P-value Psychology Statistics Paper
p value
Correlation coefficient versus regression weight (beta value)
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