Based on data from the GSS10SDSS, we examine the relationship between highest ed

Question

Based on data from the GSS10SDSS, we examine the relationship between highest educational degree and agreement with the statement "Financial dependence on others is one of my greatest fears about old age." The variable FINDEPND is measured on an ordinal scale: 1 = strongly agree, 2 = agree, 3 = neither, 4 = disagree, and 5 = strongly disagree. Is there a relationship between educational attainment and level of agreement with the statement? Set alpha at .01 and test the null hypothesis of equal means.

Explanation / Answer

From the Anova table, the significance value is 0.001, which is < 0.01. so we reject the null hypothesis and conclude that atleast one mean is different.

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