Professional Documents
Culture Documents
WAGES PROJECT
STATS 2160
a study of men and womens wages in correlation with socioeconomic
factors such as marital status, age, education, and union membership
Lauren Manor
Project Summary
The following project focused on a large data set taken of men and
women. The data collected includes
Wages
Education
Marital status
Industry
Occupation
Race
And union membership status.
Lauren Manor
Wage
$11,186.00
$13,312.00
$13,481.00
$14,476.00
$15,013.00
$15,160.00
$15,193.00
$19,981.00
$21,716.00
$23,027.00
$24,509.00
$25,670.00
$26,820.00
$28,168.00
$29,191.00
$29,809.00
$29,809.00
$30,006.00
$31,304.00
$31,799.00
$32,094.00
$32,235.00
$32,786.00
$33,351.00
$33,461.00
$35,185.00
$46,646.00
$46,646.00
$49,974.00
$50,171.00
BUS STAT2160
Industry Occupation
0
0
0
4
0
4
0
5
0
4
0
4
1
0
0
4
0
5
0
4
0
5
0
3
0
5
1
0
0
0
0
4
0
4
1
3
0
1
0
3
0
3
0
3
1
0
0
5
0
1
1
3
2
0
2
0
1
1
0
5
Ed
12
12
12
12
16
8
12
4
12
14
14
13
18
13
12
8
8
16
16
12
12
12
11
16
16
14
5
5
16
12
South
0
1
1
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
1
1
0
0
1
1
0
0
Nonwh
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
1
1
0
0
0
0
0
0
0
0
0
0
0
1
0
Hisp
0
0
1
0
0
0
0
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
Fe
0
1
0
1
0
1
1
0
1
0
1
1
0
0
0
1
1
1
1
1
1
1
0
1
0
1
0
0
0
0
Above, is the basic data used to create this project, its analysis, and calculations
Ex
0
9
7
3
21
45
15
54
11
34
15
8
33
17
9
29
29
27
26
25
14
38
37
4
7
12
44
44
26
39
Marr
0
1
0
1
1
0
0
1
0
1
0
0
0
0
0
0
0
1
1
0
1
1
1
1
1
1
1
1
1
1
Age
18
27
25
21
43
59
33
64
29
54
35
27
57
36
27
43
43
49
48
43
32
56
54
26
29
32
55
55
48
57
Union
0
0
0
0
0
0
0
0
0
1
0
1
1
0
0
0
0
0
0
0
0
0
1
0
1
0
0
0
1
1
Lauren Manor
BUS STAT2160
Mens Wages
$11,186.00
$13,481.00
$15,013.00
$19,981.00
$23,027.00
$26,820.00
$28,168.00
$29,191.00
$32,786.00
$33,461.00
$46,646.00
$46,646.00
$49,974.00
$50,171.00
1
2
3
4
5
Min
Q1
Med
Q3
Max
0
$11,186.00
$19,981.00
$28,679.50
$46,646.00
$50,171.00
Med = 28679.5
Q1 = 19981
Min = 11186
Q1 = 19981
Med = 28679.5
Q3 = 46646
Max = 50171
Mens Wages
Q3 = 46646
Max = 50171
Min = 11186
Min
Q1
Med
Q3
Max
$0.00$20,000.00
$40,000.00
$60,000.00
$80,000.00
$100,000.00
$120,000.00
$140,000.00
$160,000.00
$180,000.00
With the smallest wage being $11,186 and the highest wage being $50,171- Mens wages have an average
of $28,679.50. The Range of Mens Wages is $38,985, and 75% of men make more than $19,981 for their
wage.
Lauren Manor
BUS STAT2160
Womens Wages
$13,312.00
$14,476.00
$15,160.00
$15,193.00
$21,716.00
$24,509.00
$25,670.00
$29,809.00
$29,809.00
$30,006.00
$31,304.00
$31,799.00
$32,094.00
Min = 13312
$32,235.00
$33,351.00 0
$35,185.00
1
2
3
4
5
Min
Q1
Med
Q3
Max
0
$13,312.00
$18,454.50
$29,809.00
$31,946.50
$35,185.00
Min = 13312
Q1 = 18454.5
Med = 29809
Q3 = 31946.5
Max = 35185
Womens Wages
Med = 29809
Q1 = 18454.5
Q3 = 31946.5
Min
Max = 35185
Q1
Med
Q3
Max
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
$140,000
Womens overall maximum earning potential did not match up to men, with the maximum top wage
being $35,185. Thats $14,986 lower than the maximum mens wage. However, their average wages
are generally higher than men. The average wage for women is $29,809, and the lowest earning
recorded was $13,312.
Lauren Manor
Married Wages
$13,312.00
$14,476.00
$15,013.00
$19,981.00
$23,027.00
$30,006.00
$31,304.00
$32,094.00
$32,235.00
$32,786.00
$33,351.00
$33,461.00
$35,185.00
$46,646.00
$46,646.00
$49,974.00
$50,171.00
BUS STAT2160
1
2
3
4
5
Min
Q1
Med
Q3
Max
$13,312.00
$21,504.00
$32,235.00
$40,915.50
$50,171.00
Min = 13312
Q1 = 21504
Med = 32235
Q3 = 40915.5
Max = 50171
Married Wages
Med = 32235
Q1 = 21504
Min = 13312
Q3 = 40915.5
Max = 50171
Min
Q1
Med
Q3
Max
$0
The data of married people suggests that the minimum wage earned is $13,312, and the maximum wage earned
is $50,171. interestingly enough, this is the combination of the lowest wage of women and the highest wage of
men. 56% of the people in the data are married. The average wage earned by a married person is $32,235. The
overall range of married wages is $35,859. 25% of the people in this category make more than $40,915.50
Lauren Manor
BUS STAT2160
1
2
3
4
5
Min
Q1
Med
Q3
Max
0
11186
15176.5
25670
29500
31799
Min = 11186
Q1 = 15176.5
Med = 25670
Q3 = 29500
Max = 31799
Med = 25670
Q3 = 29500
Min
Min = 11186
Max = 31799
Q1
Med
Q3
Max
20000
40000
60000
80000
100000
120000
Female Wages
$13,312.00
$14,476.00
$15,160.00
$15,193.00
$21,716.00
$24,509.00
$25,670.00
$29,809.00
$29,809.00
$30,006.00
$31,304.00
$31,799.00
$32,094.00
$32,235.00
$33,351.00
$35,185.00
Male Wages
$11,186.00
$13,481.00
$15,013.00
$19,981.00
$23,027.00
$26,820.00
$28,168.00
$29,191.00
$32,786.00
$33,461.00
$46,646.00
$46,646.00
$49,974.00
$50,171.00
Female Wages
$40,000.00
$30,000.00
$20,000.00
Female Wages
$10,000.00
$0.00
Male Wages
$60,000.00
$40,000.00
Male Wages
$20,000.00
$0.00
25976.75
1903.943341
29809
29809
7615.773364
58000003.93
-1.146899975
-0.684839439
21873
13312
35185
415628
16
30467.92857
3624.749925
28679.5
46646
13562.57233
183943368.2
-1.213225664
0.222618102
38985
11186
50171
426551
14
The average 13+ edu yrs salary is $29,707.33, and the average salary for 12 or less
years of education is $26,982.83. That is a $2,724.50 difference bewteen the average
wages, however keep in mind that the sample sizes were different
Acccording to the two-tailed p-value, there is no difference in salary for above
highschool education or below, since the value is .5099, which is more than .05
(concluding in no difference
13+Edu Wages
Mean
Standard Error
Median
Mode
Standard Deviation
Sample Variance
Kurtosis
Skewness
Range
Minimum
Maximum
Sum
Count
29707.33333
2439.148406
29087
#N/A
8449.457931
71393339.33
2.757920298
0.884147445
34961
15013
49974
356488
12
26982.83
2899.797
29500
46646
12302.8
1.51E+08
-0.72822
0.484002
38985
11186
50171
485691
18
Union Wages
$11,186.00
$23,027.00
$25,670.00
$26,820.00
$32,786.00
$33,461.00
$49,974.00
$50,171.00
$13,312.00
$13,481.00
$14,476.00
$15,013.00
$15,160.00
$15,193.00
$19,981.00
$21,716.00
$24,509.00
$28,168.00
$29,191.00
$29,809.00
$29,809.00
$30,006.00
$31,304.00
$31,799.00
$32,094.00
$32,235.00
$33,351.00
$35,185.00
$46,646.00
$46,646.00
26098.69565
2118.148379
29191
29809
10158.28277
103190708.8
-0.44766015
0.293650976
35460
11186
46646
600270
23
Mean
Variance
Observations
Hypothesized Mean Difference
df
t Stat
P(T<=t) one-tail
t Critical one-tail
P(T<=t) two-tail
t Critical two-tail
Variable 1
34558.42857
126266561
7
0
9
1.782492837
0.054174397
1.833112933
0.108348793
2.262157163
Union Wages
Mean
Standard Error
Median
Mode
Standard Deviation
Sample Variance
Kurtosis
Variable 2
Skewness
26098.69565 Range
103190708.8 Minimum
23 Maximum
Sum
Count
34558.42857
4247.126103
32786
#N/A
11236.83946
126266561
-1.202349003
0.783304271
27144
23027
50171
241909
7
28072.63
1980.326
29500
29809
10846.69
1.18E+08
-0.23715
0.404637
38985
11186
50171
842179
30
All Wages
$11,186.00
$13,312.00
$13,481.00
$14,476.00
$15,013.00
$15,160.00
$15,193.00
$19,981.00
$21,716.00
$23,027.00
$24,509.00
$25,670.00
$26,820.00
$28,168.00
$29,191.00
$29,809.00
$29,809.00
$30,006.00
$31,304.00
$31,799.00
$32,094.00
$32,235.00
$32,786.00
$33,351.00
$33,461.00
$35,185.00
$46,646.00
$46,646.00
$49,974.00
$50,171.00