For policy purposes, Social Science researchers are always interested in the relationships between or among variables. When two variables are related, a desired policy outcome can be achieved by manipulating one of such variables. Table 1 illustrates one of such research outputs. Table 1: Correlation analysis of motivation and employee performance X4–Employee performance Pearson Correlation Sig. (2-tailed) N X4 – Employee performance 1.00 . 612 X2 – Motivation 0.593*** .000 612 *** Coefficient is significant at the 0.01 level (2-tailed) Study the results carefully and explain them in terms of i. presence of relationship ii. nature of the relationship iii. direction of the relationship DC: ACD01-F004 iv. the strength and significance of association v. the changes in employee performance that can be attributed to motivation In the neoclassical growth model for a closed economy, the saving rate is exogenous and equal to the ratio of investment to output. A higher saving rate raises the steady-state level of output per effective worker and thereby raises the growth rate for a given starting value of Gross Domestic Product (GDP). In any case, the growth of every nation depends on capital accumulation and subsequent investment. The rate of investment in any country could be influenced by both external and internal factors. A research student of UPSA investigated some of such factors in his project work. The study involves average ratios of real investment (private plus public) to real GDP over the period 1965-2018. The challenge of the student is how to interpret his results in Table 2. Table 2: A regression output of determinants of investment in Ghana Variable Coefficient Secondary school enrolment .733 Democracy index .327 Life expectancy 1.12 Inflation rate -.769 Government consumption ratio -.022 Fertility rate -.059 Terms-of-trade chmge .047 Interest rate _cons -5.32 Standard Error .244 .019 .201 .042 .001 1.06 t-statistic 28.77 P-value 0.000 -21.58 -3.29 -4.99 0.000 Number of obs = F(8, 1557) = Prob > F = R-squared = Adj R-squared = Root MSE = 1,566 33899.34 0.0000 0.9943 0.9943 1.0838 As a research student, you are required to assist the researcher by providing answers to the following questions: i. identify the dependent and independent variables ii. using 5% level of significance, identify and interpret the significant variables iii. comment on the appropriateness of the overall significance of the model

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 11PPS
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For policy purposes, Social Science researchers are always interested in the relationships between or among variables. When two variables are related, a desired policy outcome can be achieved by manipulating one of such variables. Table 1 illustrates one of such research outputs. Table 1: Correlation analysis of motivation and employee performance X4–Employee performance Pearson Correlation Sig. (2-tailed) N X4 – Employee performance 1.00 . 612 X2 – Motivation 0.593*** .000 612 *** Coefficient is significant at the 0.01 level (2-tailed) Study the results carefully and explain them in terms of i. presence of relationship ii. nature of the relationship iii. direction of the relationship DC: ACD01-F004 iv. the strength and significance of association v. the changes in employee performance that can be attributed to motivation In the neoclassical growth model for a closed economy, the saving rate is exogenous and equal to the ratio of investment to output. A higher saving rate raises the steady-state level of output per effective worker and thereby raises the growth rate for a given starting value of Gross Domestic Product (GDP). In any case, the growth of every nation depends on capital accumulation and subsequent investment. The rate of investment in any country could be influenced by both external and internal factors. A research student of UPSA investigated some of such factors in his project work. The study involves average ratios of real investment (private plus public) to real GDP over the period 1965-2018. The challenge of the student is how to interpret his results in Table 2. Table 2: A regression output of determinants of investment in Ghana Variable Coefficient Secondary school enrolment .733 Democracy index .327 Life expectancy 1.12 Inflation rate -.769 Government consumption ratio -.022 Fertility rate -.059 Terms-of-trade chmge .047 Interest rate _cons -5.32 Standard Error .244 .019 .201 .042 .001 1.06 t-statistic 28.77 P-value 0.000 -21.58 -3.29 -4.99 0.000 Number of obs = F(8, 1557) = Prob > F = R-squared = Adj R-squared = Root MSE = 1,566 33899.34 0.0000 0.9943 0.9943 1.0838 As a research student, you are required to assist the researcher by providing answers to the following questions: i. identify the dependent and independent variables ii. using 5% level of significance, identify and interpret the significant variables iii. comment on the appropriateness of the overall significance of the model
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