Correlational finding on Happiness and Sufficiency of current income
Subject code: I01ac

StudyCheng & Chan (2006): study HK 2000
TitleRelationship with Others and Life Satisfaction in Later Life: Do Gender and Widowhood make a Difference?
SourceJournal of Gerontology, 2006, Vol. 61b, 46 - 53
Public60+ aged, Hong Kong, 2000
SampleProbability multi-stage random
Non-Response
Respondents N =1616

Correlate
Author's labelFinancial strain
Page in Source 49-50
Our classificationSufficiency of current income, code I01ac
Operationalization
Self report on single question whether the respondent 
could make ends meet. 
Text not reported.
Response options not reported
Observed distributionM=2.96 SD=0.93

Observed Relation with Happiness
Happiness
Measure
StatisticsElaboration/Remarks
O-Sum-?-mq-?-7-ar=-.51 p < .001
Set Image size:   



Appendix 1: Happiness measures used
CodeFull Text
O-Sum-?-mq-?-7-aSelfreport on 2 questions

A Happiness
B Life-satisfaction

Texts not reported

Summation: A+B


Appendix 2: Statistics used
SymbolExplanation
rPRODUCT-MOMENT CORRELATION COEFFICIENT (Also "Pearson's correlation coefficient' or simply 'correlation coefficient')
Type: test statistic.
Measurement level: Correlate: metric, Happiness: metric
Range: [-1; +1]

Meaning:
r = 0 no correlation ,
r = 1 perfect correlation, where high correlate values correspond with high happiness values, and
r = -1 perfect correlation, where high correlate values correspond with low happiness values.
Source:
Ruut Veenhoven, World Database of Happiness, Collection of Correlational Findings, Erasmus University Rotterdam.
https://worlddatabaseofhappiness.eur.nl