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
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
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question

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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