The following table contains data on the joint distribution of age (Age) and average hourly earnings (AHE) for 25 to 34 year-old full-time workers with an educational level that exceeds a high school diploma in 2012. Download the data from the table by clicking the download table icon. A detailed description of the variables used in the dataset is available here. Use a statistical package of your choice to answer the following questions. Compute the marginal distribution of Age. Marginal distribution of Age = 25 0754 26 0797 27 .0947 Age (years) 28 29 30 31 .0953 0983 1105 .1109 (Round your response to four decimal places) Compute the mean of AHE for Age = 33; that is, compute, E(AHE |Age=33). E(AHE |Age=33) - (Round your response to four decimal places) 32 .1134 33 1134 34 1085

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter11: Data Analysis And Displays
Section: Chapter Questions
Problem 10CT
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The following table contains data on the joint distribution of age (Age) and average hourly earnings (AHE) for 25 to
34 year-old full-time workers with an educational level that exceeds a high school diploma in 2012. Download the data
from the table by clicking the download table icon. A detailed description of the variables used in the dataset is
available here. Use a statistical package of your choice to answer the following questions.
Compute the marginal distribution of Age.
Marginal distribution of Age
=
25
.0754
26
.0797
27
.0947
Age (years)
28
30
29
.0953 0983 .1105
31
.1109
(Round your response to four decimal places)
Compute the mean of AHE for Age = 33; that is, compute, E(AHE |Age = 33).
E(AHE |Age=33) =
(Round your response to four decimal places)
32
.1134
33
1134
34
1085
Transcribed Image Text:The following table contains data on the joint distribution of age (Age) and average hourly earnings (AHE) for 25 to 34 year-old full-time workers with an educational level that exceeds a high school diploma in 2012. Download the data from the table by clicking the download table icon. A detailed description of the variables used in the dataset is available here. Use a statistical package of your choice to answer the following questions. Compute the marginal distribution of Age. Marginal distribution of Age = 25 .0754 26 .0797 27 .0947 Age (years) 28 30 29 .0953 0983 .1105 31 .1109 (Round your response to four decimal places) Compute the mean of AHE for Age = 33; that is, compute, E(AHE |Age = 33). E(AHE |Age=33) = (Round your response to four decimal places) 32 .1134 33 1134 34 1085
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