Education pays off, according to a snapshot provided in a report to the city of Riverside by
Question:
Education pays off, according to a snapshot provided in a report to the city of Riverside by the Riverside County Office of Education. 7 The average annual incomes for six different levels of education are shown in the table:
Educational Level Average Annual Income
High school graduate.................................................$26,795
Some college, no degree.............................................29,095
Bachelor’s degree....................................................... 50,623
Master’s degree.......................................................... 63,592
Doctorate.................................................................... 85,675
Professional (Doctor, Lawyer)...................................101,375
a. What graphical methods could you use to describe the data?
b. Select the method from part a that you think best describes the data.
c. How would you summarize the information that you see in the graph regarding educational levels and salary?
Step by Step Answer:
Introduction To Probability And Statistics
ISBN: 9780495389538
13th Edition
Authors: William Mendenhall, Robert J. Beaver, Barbara M. Beaver