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Compute the mean of AHE for Age = 33; that is, compute, E(AHE |Age = 33). E(AHE |Age=33) =

Compute the mean of AHE for Age = 33; that is, compute, E(AHE |Age = 33). E(AHE |Age=33) =

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 .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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