Homework: Interpret a Correlation Analysis
Length: 4 to 6 pages.
For this homework, you will use the six-step hypothesis testing process (noted below) to run and interpret a correlation analysis using SPSS. The following vignette will inform you of the context for this homework. A data file is provided in the week's resources for use in this homework. Also review the section on Presentation of Statistical Results and Explaining Quantitative Findings in a Narrative Report in the NCU School of Business Best Practice Guide for Quantitative Research Design and Methods in Dissertations.
A manager is interested in better understanding job satisfaction by studying the associations between a number of variables. These variables are age, years of experience, level of education, employee engagement, job satisfaction, and job performance levels.
Part I
She thinks there is a relationship between job satisfaction and
i. years of experience
ii. educational level
iii. employee engagement
iv. job performance
v. State the null and alternative hypotheses.
• Identify critical values for the test statistics and state the decision rule concerning when to reject or fail to reject the null hypothesis of no relationship.
• Run the Pearson correlation analysis and include the correlation matrix in your homework response.
• Report and interpret the correlation coefficient and p-value for each variable paired with job satisfaction.
• Explain what decisions the manager might make using these findings.
Part II
She thinks that younger employees will perform at a higher level, on average.
• State the null and alternative hypotheses sets.
• Select the significance level.
• Select the test statistics and calculate its value.
• Identify critical values for the test statistics and state the decision rule concerning when to reject or fail to reject the null hypothesis.
• Compare the calculated and critical values to reach a conclusion for the null hypothesis.
• Explain what decisions the manager might make using these findings.
Format your homework according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.