The correlation between parental income and the amount of financial aid awarded by the college to students should most probably be
A) positive
B) negative
C) zero
D) none of these, since income is a nominal measure

Question

Quizplus · Accepted Answer

The correlation between parental income and the amount of financial aid awarded by the college to students is typically negative, meaning that as parental income increases, the amount of financial aid awarded by the college decreases. This is because financial aid is often awarded to students who demonstrate financial need, which is typically lower for students with higher parental income.

The Correlation Between Parental Income and the Amount of Financial