Question
(A FICTITIOUS DATASET DESIGNED FOR THE ASSIGNMENT ONLY) A consulting firm randomly selected 150 young employees in Tasmania. These selected employees answered questions and undertook
(A FICTITIOUS DATASET DESIGNED FOR THE ASSIGNMENT ONLY) A consulting firm randomly selected 150 young employees in Tasmania. These selected employees answered questions and undertook a standard IQ test and a KW test. The KW test examines respondents' knowledge about the duties in their workplaces and the knowledge about the Australian and Tasmanian labour markets. Respondents' answers are entered a spreadsheet where each column represents a variable. These variables include:
1. wage: monthly earnings in dollars
2. hours: average weekly working hours
3. IQ: IQ score
4. KW: knowledge of work score
5. educ: years of education
6. exper: years of work experience
7. tenure: years with the current employer
8. age: age in years
9. marriage: marriage status
10. gender: female or male
11. urban: =Y if lives in urban areas =N if lives in rural areas
12. sibs: the number of siblings
13. brthord: birth order, e.g. =2 means he/she is the second child in the family.
14. meduc: mother's education
15. feduc: father's education
The missing values are shown by a "." in the cells.
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