Compare the hourly wages of the three education levels

Assignment Help Basic Statistics
Reference no: EM131460427

Question -

Texas is home to more than one million undocumented immigrants and most of them are stuck in low-paying jobs. Meanwhile, the state also suffers from a lack of skilled workers. The Texas Workforce Commission estimates that 133,000 jobs are currently unfilled, many because employers cannot find qualified applicants (The Boston Globe, September 29, 2011). Texas was the first state to pass a law that allows children of undocumented immigrants to pay in-state college tuition rates if they have lived in Texas for three years and plan to become permanent residents. The law passed easily back in 2001 because most legislators believed that producing college graduates and keeping them in Texas benefits the business community. In addition, since college graduates earn more money, they also provide the state with more revenue. Carol Capaldo wishes to estimate the mean hourly wage of workers with various levels of education. She collects a sample of the hourly wages of 30 Texas workers with a bachelor's degree or higher, 30 Texas workers with only a high school diploma, and 30 Texas workers who did not finish high school. A portion of the data is shown in the accompanying table; the complete data set, labeled Texas_Wages, can be found on Harvey.

Bachelor's Degree or Higher

High School Diploma

No High School Diploma

$22.50

$12.68

$11.21

19.57

11.23

8.54

 

 

 

21.44

7.47

10.27

In a report, use the above information to:

1. Use descriptive statistics to compare the hourly wages of the three education levels. Include appropriate graphs.

2. Construct and interpret 95% confidence intervals for the mean hourly wage at each education level.

Attachment:- Assignment File.rar

Reference no: EM131460427

Questions Cloud

Determine the number of children in a given sample : It is common to ignore the thyroid gland of women during pregnancy (New York Times, April 13, 2009). This gland makes hormones that govern metabolism.
What annual rate of interest must you earn on investment : What annual rate of interest must you earn on your investment to cover the cost of your child’s college education?
Calculate and interpret unconditional probabilities : Ever since the introduction of New Coke failed miserably in the 1980s, most food and beverage companies have been cautious about changing the taste or formula.
By what amount do sales dollars need to at least increase : By what amount do sales dollars need to at least increase by in order for the company's overall profits to not decrease by having the advertising campaign?
Compare the hourly wages of the three education levels : In a report, use the above information to: Use descriptive statistics to compare the hourly wages of the three education levels. Include appropriate graphs
Find probability that selected patient survive for discharge : A recent study in the Journal of the American Medical Association (February 20, 2008) found that patients who go into cardiac arrest while in the hospital.
Discuss how you would adjust the wacc you calculated : Discuss how you would adjust the wacc you calculated in #4 above to use it to address the needs of different levels of risk in different projects
Money to buy the car under annual compounding : how long would you have to wait until you have accumulated enough money to buy the car under annual compounding?
Using present value formula : Is there a way of doing this question using present value formula?

Reviews

len1460427

4/13/2017 12:37:43 AM

Analysis should be typed, double spaced, 12 pt font, times new roman, ariel, or calibri. Use descriptive statistics to compare the hourly wages of the three education levels. Include appropriate graphs.

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd