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Compute the mean of AHE for Age = 25; that is, compute, E(AHE |Age = 25). E(AHE |Age=25) =

Compute the mean of AHE for Age = 25; that is, compute, E(AHE |Age = 25). E(AHE |Age=25) =

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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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 0.0754 26 0.0797 Age (years) 27 28 29 30 0.0947 0.0953 0.0983 0.1109 0.1109 31 (Round your response to four decimal places) Compute the mean of AHE for Age = 25; that is, compute, E(AHE |Age = 25). E(AHE |Age = 25) = (Round your response to four decimal places) 32 0.1134 33 34 0.1134 0.1085
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 0.0754 26 0.0797 Age (years) 27 28 29 30 0.0947 0.0953 0.0983 0.1109 0.1109 31 (Round your response to four decimal places) Compute the mean of AHE for Age = 25; that is, compute, E(AHE |Age = 25). E(AHE |Age = 25) = (Round your response to four decimal places) 32 0.1134 33 34 0.1134 0.1085
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