You conduct a study exploring whether or not students planned their time and whether or not they submitted their assignment on time, your SPSS output shows a value for Cramers V of 0.42. How would you interpret this?

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1. 8% of the variation in frequency counts of essay submission timing (on time or late) can be explained by time planning.
2. 42% of the variation in frequency counts of essay submission timing (on time or late) can be explained by time planning.
3. 64.8% of the variation in frequency counts of essay submission timing (on time or late) can be explained by time planning.
4. 4.2% of the variation in frequency counts of essay submission timing (on time or late) can be explained by time planning.

Answer: 8% of the variation in frequency counts of essay submission timing (on time or late) can be explained by time planning.
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