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Correlation Between Income and Education

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There is a correlation between income and education. We find that people with higher income have more years of education.

GIVE A STATISTICAL EXAMPLE OR EQUATION OF THIS: When we know there is a correlation between two variables, we can make a prediction. If we know a group's income, we can predict their years of education.

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This solution explains the correlation between income and education.

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The correlation coefficient indicates the strength of relationship between two variables. A correlation coefficient of more than 80% indicates a very strong correlation, ...

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