Hello,
I am working on a meta-analysis with the program R.
Here I am investigating the relationship between the dependent variable "participation in Lobbying" (results = yes or no) and the independent variable "company size" (result = value of assets).
The result I got is an Fisher's Z-transformed correlations coefficient with an value of 0.2911, significiance-level = 0.1%, confidence interval = [0.2501; 0,3321].
My problem is: I don't know how to interpret this result.
I think there is a positive relationship of 29,11% between the variables.
But can I make the following statement: With 29.11% you can say that companies which are participating in Lobbying they have a big company size? Or I can't make such direkt statements with the correlation coefficient????
I would be really thankfull if anybody could help me!
I am working on a meta-analysis with the program R.
Here I am investigating the relationship between the dependent variable "participation in Lobbying" (results = yes or no) and the independent variable "company size" (result = value of assets).
The result I got is an Fisher's Z-transformed correlations coefficient with an value of 0.2911, significiance-level = 0.1%, confidence interval = [0.2501; 0,3321].
My problem is: I don't know how to interpret this result.
I think there is a positive relationship of 29,11% between the variables.
But can I make the following statement: With 29.11% you can say that companies which are participating in Lobbying they have a big company size? Or I can't make such direkt statements with the correlation coefficient????
I would be really thankfull if anybody could help me!