CA Foundation Exam > CA Foundation Questions > In case Years of education and incomea)positi...
Start Learning for Free
In case ‘Years of education and income’———
- a)positive correlation
- b)negative correlation
- c)no correlation
- d)none
Correct answer is option 'A'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
In case Years of education and incomea)positive correlationb)negative ...
Explanation:
Years of education and income are both measures of an individual's socioeconomic status. The correlation between these two variables can help us understand the relationship between education and income.
Positive correlation:
When two variables move in the same direction, we say they have a positive correlation. In the case of years of education and income, we would expect to see a positive correlation because people with more education often have higher-paying jobs.
Factors that contribute to the positive correlation between years of education and income include:
1. Education is often a prerequisite for higher-paying jobs.
2. People with more education may have more specialized skills that are in high demand.
3. Education can increase an individual's social capital, which can lead to better job opportunities and higher salaries.
Overall, the positive correlation between years of education and income suggests that investing in education can be a smart financial decision for individuals and society as a whole.
Years of education and income are both measures of an individual's socioeconomic status. The correlation between these two variables can help us understand the relationship between education and income.
Positive correlation:
When two variables move in the same direction, we say they have a positive correlation. In the case of years of education and income, we would expect to see a positive correlation because people with more education often have higher-paying jobs.
Factors that contribute to the positive correlation between years of education and income include:
1. Education is often a prerequisite for higher-paying jobs.
2. People with more education may have more specialized skills that are in high demand.
3. Education can increase an individual's social capital, which can lead to better job opportunities and higher salaries.
Overall, the positive correlation between years of education and income suggests that investing in education can be a smart financial decision for individuals and society as a whole.
Attention CA Foundation Students!
To make sure you are not studying endlessly, EduRev has designed CA Foundation study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in CA Foundation.
|
Explore Courses for CA Foundation exam
|
|
Top Courses for CA FoundationView all
In case Years of education and incomea)positive correlationb)negative correlationc)no correlationd)noneCorrect answer is option 'A'. Can you explain this answer?
Question Description
In case Years of education and incomea)positive correlationb)negative correlationc)no correlationd)noneCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about In case Years of education and incomea)positive correlationb)negative correlationc)no correlationd)noneCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In case Years of education and incomea)positive correlationb)negative correlationc)no correlationd)noneCorrect answer is option 'A'. Can you explain this answer?.
In case Years of education and incomea)positive correlationb)negative correlationc)no correlationd)noneCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about In case Years of education and incomea)positive correlationb)negative correlationc)no correlationd)noneCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In case Years of education and incomea)positive correlationb)negative correlationc)no correlationd)noneCorrect answer is option 'A'. Can you explain this answer?.
Solutions for In case Years of education and incomea)positive correlationb)negative correlationc)no correlationd)noneCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of In case Years of education and incomea)positive correlationb)negative correlationc)no correlationd)noneCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
In case Years of education and incomea)positive correlationb)negative correlationc)no correlationd)noneCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for In case Years of education and incomea)positive correlationb)negative correlationc)no correlationd)noneCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of In case Years of education and incomea)positive correlationb)negative correlationc)no correlationd)noneCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice In case Years of education and incomea)positive correlationb)negative correlationc)no correlationd)noneCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
|
|
Explore Courses for CA Foundation exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup