In your sample, there are two groups of people: those who have a high school degree and those who have a bachelor's degree or higher. The following table shows the sample statistics of the two groups. You hypothesize that in general those who have a bachelor's degree or higher should earn more than those who have a high school degree. The estimated standard error is $360. Group 1 Group 2 Education High school BA or higher Sample size 361 169 mean $19,500 $20,500 st.dev $3,800 $3,900

In your sample, there are two groups of people: those who have a high school degree and those who have a bachelor's degree or higher. The following table shows the sample statistics of the two groups. You hypothesize that in general those who have a bachelor's degree or higher should earn more than those who have a high school degree. The estimated standard error is $360. Group 1 Group 2 Education High school BA or higher Sample size 361 169 mean $19,500 $20,500 st.dev $3,800 $3,900

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.6: Summarizing Categorical Data

Problem 10CYU

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