High correlation between parental health insurance coverage and the health insurance coverage of their children. Author Brett O'Hara (2004). The article is as follows:
Medical out of pocket expenses include the out of pocket costs from medical services and the family's share of health insurance premiums. Demographic characteristics, insurance status, and medical usage of the family are analyzed to determine which characteristics are most likely to impoverish a family. Families impoverished because of medical out of pocket expenses are far more likely to have older heads of the family, at least one family member in poor health, or some adults without health insurance. Families without at least one person who worked full time for the entire year were also likely to be impoverished. However, children in the family had little effect on the probability that the family became impoverished. This odd result is probable due to the high correlation between parental health insurance coverage and the health insurance coverage of the children.
My assignment states that I need to use correlation statistical procedure to show above.
Correlation graph is nothing but the scatter graph between the two variables. If one can visually see that both variables move in same direction and it is followed closely we say that the correlation is high. If the points are scatters far away and there is no visible trend we say that there is very ...
This solution explains how to draw a correlation graph.