Type: asymmetric standard test statistic.
Range: nonnegative unlimited
Meaning : the test statistic is also called the "Variance Ratio" and is the ratio of two independent estimators of the same variance with n1 and n2 degrees of freedom respectively. The critical values of its probability distribution are tabulated extensively in almost any textbook on Statistics
beta > 0 « a higher correlate level corresponds to a higher happiness rating on average.
beta < 0 « a higher correlate level corresponds to a higher happiness rating on average.
beta = 0 « no correlation.
beta = + 1 or -1 « perfect correlation.
Beta controlled for satisfaction with Living Arrangements