Suppose that X represents the number of years a person goes to school, and Y represents the income they earn after finishing those years of school. Year of schooling is widely believed to be a major determinant of income. Explain whether this correlation is likely to be casual or not.

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Suppose that X represents the number of years a person goes to school, and Y represents the income they earn after finishing those years of school. Year of schooling is widely believed to be a major determinant of income. Explain whether this correlation is likely to be casual or not.
Suppose that X represents the number of years a person pgoes to school, and Y represents the income they earn after finishing those years of school. Years of schooling is widely believed to be a major determinant of income
Explain whether this correlation is likely to be causal or not.
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Transcribed Image Text:Suppose that X represents the number of years a person pgoes to school, and Y represents the income they earn after finishing those years of school. Years of schooling is widely believed to be a major determinant of income Explain whether this correlation is likely to be causal or not. For the toolbar,. press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt 工 G白Q x' X, 8 O WORDS POWERED BY TINY
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