BUS 308 Evaluating the Relationship Between Tenure and Divorce: A Correlational Analysis

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BUS 308 Evaluating the Relationship Between Tenure and Divorce: A Correlational Analysis Name Evaluation of Correlation BUS 308 : Statistics for Managers Instructor Date
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1) What’s the most appropriate procedure for evaluating the relationship between tenure and divorce? In this case the C orrelation analysis is the best method that can be used in evaluating the relationship between tenure and divorce. 1) What is the correlation and how can it be interpreted in terms of magnitude, direction and practical importance? (Figure 1) table showing how tenure is related to divorce rate. Correlation is a type of statistical analysis tool that is used to measure whether a relationship exists between two independent variable s . The process is attained when the two variables are compared together to find out whether the relationship i s correlated of non - correlated (Johnston &Yen, 2009, p. 1 - 4 ). Under correlation analysis, two systems exist. For this particular question the graphical method was chosen since it best represent s the scenario modelled in the question. This process stems from the correlation when the two independent variable s are plotted on a scatter graph and the line of best fit is drawn in order to assess whether a significant

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