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

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
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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