Question
How are income and degree related? The American National Election Survey asked respondents who reported at least 13 years of education to identify the highest
How are income and degree related? The American National Election Survey asked respondents who reported at least 13 years of education to identify the highest degree completed (DEGREE: 0=No Degree earned, 1=Bachelor's degree, 2=Master's degree, 3=Ph.D., etc.,4=LLB, 5=MD,DDS, etc., 6=JDC,STD,THD, 7=Associate's degree. Is there enough statistical evidence to conclude that there are differences in income (INCOME) between people with different completed degrees? Use a 5% significance level.
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| ID | DEGREE | INCOME | EDUC |
| 1 | 0 | 127500 | 13 |
| 2 | 16000 | 12 | |
| 3 | 1 | 32500 | 16 |
| 4 | 23500 | 12 | |
| 5 | 1 | 82500 | 16 |
| 6 | 0 | 6250 | 14 |
| 7 | 1 | 23500 | 16 |
| 8 | 7 | 82500 | 14 |
| 9 | 0 | 37500 | 14 |
| 10 | 7 | 82500 | 16 |
| 11 | 0 | 15 | |
| 12 | 82500 | 12 | |
| 13 | 18500 | 12 | |
| 14 | 0 | 47500 | 15 |
| 15 | 7 | 11750 | 15 |
| 16 | 2 | 82500 | 17 |
| 17 | 8750 | 12 | |
| 18 | 7 | 37500 | 15 |
| 19 | 1 | 55000 | 16 |
| 20 | 1 | 82500 | 16 |
| 21 | 1 | 27500 | 16 |
| 22 | 21000 | 12 | |
| 23 | 7 | 27500 | 14 |
| 24 | 8750 | 6 | |
| 25 | 0 | 37500 | 14 |
| 26 | 37500 | 12 | |
| 27 | 0 | 67500 | 15 |
| 28 | 95000 | 12 | |
| 29 | 82500 | 12 | |
| 30 | 7 | 105000 | 15 |
| 31 | 16000 | 12 | |
| 32 | 1 | 55000 | 16 |
| 33 | 0 | 11750 | 14 |
| 34 | 7 | 8750 | 14 |
| 35 | 1 | 32500 | 16 |
| 36 | 7 | 32500 | 14 |
| 37 | 2 | 55000 | 17 |
| 38 | 7 | 18500 | 14 |
| 39 | 0 | 27500 | 14 |
| 40 | 7 | 67500 | 14 |
| 41 | 0 | 32500 | 15 |
| 42 | 7 | 16000 | 17 |
| 43 | 0 | 13 | |
| 44 | 1 | 32500 | 16 |
| 45 | 1 | 95000 | 16 |
| 46 | 1 | 1500 | 16 |
| 47 | 7 | 37500 | 14 |
| 48 | 2 | 42500 | 17 |
| 49 | 55000 | 12 | |
| 50 | 2 | 105000 | 17 |
| 51 | 0 | 18500 | 13 |
| 52 | 0 | 23500 | 14 |
| 53 | 11750 | 12 | |
| 54 | 0 | 21000 | 13 |
| 55 | 55000 | 12 | |
| 56 | 0 | 14 | |
| 57 | 0 | 16000 | 14 |
| 58 | 1 | 42500 | 16 |
| 59 | 0 | 55000 | 13 |
| 60 | 7 | 27500 | 14 |
| 61 | 7 | 175000 | 14 |
| 62 | 1 | 23500 | 17 |
| 63 | 1 | 6250 | 17 |
| 64 | 32500 | 12 | |
| 65 | 1 | 127500 | 17 |
| 66 | 1 | 67500 | 17 |
| 67 | 3 | 175000 | 17 |
| 68 | 1 | 55000 | 16 |
| 69 | 7 | 82500 | 14 |
| 70 | 0 | 1500 | 14 |
| 71 | 7 | 10500 | 14 |
| 72 | 13750 | 12 | |
| 73 | 3 | 55000 | 17 |
| 74 | 1 | 67500 | 17 |
| 75 | 2 | 11750 | 17 |
| 76 | 1 | 23500 | 17 |
| 77 | 1 | 27500 | 16 |
| 78 | 0 | 23500 | 14 |
| 79 | 0 | 42500 | 17 |
| 80 | 13750 | 10 | |
| 81 | 12 | ||
| 82 | 1 | 95000 | 16 |
| 83 | 6250 | 12 | |
| 84 | 1500 | 12 | |
| 85 | 1 | 67500 | 16 |
| 86 | 0 | 23500 | 14 |
| 87 | 0 | 18500 | 15 |
| 88 | 1 | 67500 | 16 |
| 89 | 0 | 23500 | 13 |
| 90 | 1 | 37500 | 15 |
| 91 | 27500 | 12 | |
| 92 | 7 | 27500 | 14 |
| 93 | 7 | 4000 | 14 |
| 94 | 0 | 6250 | 13 |
| 95 | 0 | 21000 | 14 |
| 96 | 0 | 32500 | 13 |
| 97 | 0 | 10500 | 16 |
| 98 | 1 | 8750 | 17 |
| 99 | 12 | ||
| 100 | 8750 | 12 | |
| 101 | 21000 | 12 | |
| 102 | 0 | 16000 | 13 |
| 103 | 10500 | 16 | |
| 104 | 0 | 8750 | 14 |
| 105 | 0 | 6250 | 14 |
| 106 | 11750 | 12 | |
| 107 | 82500 | 12 | |
| 108 | 1 | 42500 | 16 |
| 109 | 1 | 37500 | 16 |
| 110 | 8750 | 12 | |
| 111 | 1500 | 12 | |
| 112 | 18500 | 11 | |
| 113 | 1 | 55000 | 16 |
| 114 | 0 | 55000 | 13 |
| 115 | 0 | 13 | |
| 116 | 0 | 42500 | 15 |
| 117 | 21000 | 12 | |
| 118 | 42500 | 11 | |
| 119 | 2 | 55000 | 17 |
| 120 | 18500 | 12 | |
| 121 | 0 | 14 | |
| 122 | 7 | 67500 | 14 |
| 123 | 1500 | 12 | |
| 124 | 27500 | 12 | |
| 125 | 6250 | 12 | |
| 126 | 21000 | 12 | |
| 127 | 1500 | 11 | |
| 128 | 2 | 67500 | 17 |
| 129 | 7 | 18500 | 15 |
| 130 | 0 | 16000 | 14 |
| 131 | 0 | 27500 | 13 |
| 132 | 4000 | 12 | |
| 133 | 0 | 8750 | 14 |
| 134 | 0 | 21000 | 17 |
| 135 | 0 | 67500 | 14 |
| 136 | 1 | 105000 | 16 |
| 137 | 23500 | 11 | |
| 138 | 0 | 13750 | 13 |
| 139 | 16000 | 10 | |
| 140 | 13750 | 12 | |
| 141 | 13750 | 12 | |
| 142 | 95000 | 12 | |
| 143 | 1 | 82500 | 16 |
| 144 | 1 | 17 | |
| 145 | 0 | 95000 | 14 |
| 146 | 18500 | 12 | |
| 147 | 0 | 67500 | 14 |
| 148 | 0 | 23500 | 14 |
| 149 | 1 | 175000 | 16 |
| 150 | 0 | 142500 | 15 |
| 151 | 2 | 127500 | 17 |
| 152 | 0 | 11750 | 13 |
| 153 | 7 | 14 | |
| 154 | 0 | 67500 | 13 |
| 155 | 1 | 6250 | 16 |
| 156 | 1 | 42500 | 16 |
| 157 | 0 | 27500 | 13 |
| 158 | 32500 | 12 | |
| 159 | 1 | 127500 | 16 |
| 160 | 0 | 6250 | 14 |
| 161 | 11750 | 10 | |
| 162 | 1 | 105000 | 16 |
| 163 | 0 | 15 | |
| 164 | 0 | 8750 | 14 |
| 165 | 27500 | 6 | |
| 166 | 175000 | 12 | |
| 167 | 18500 | 4 | |
| 168 | 27500 | 6 | |
| 169 | 37500 | 11 | |
| 170 | 0 | 21000 | 15 |
| 171 | 1 | 47500 | 16 |
| 172 | 2 | 175000 | 17 |
| 173 | 1 | 127500 | 17 |
| 174 | 1 | 16 | |
| 175 | 1 | 47500 | 16 |
| 176 | 1 | 17 | |
| 177 | 2 | 11750 | 17 |
| 178 | 13750 | 12 | |
| 179 | 1 | 16 | |
| 180 | 10500 | 10 | |
| 181 | 11750 | 11 | |
| 182 | 0 | 1500 | 14 |
| 183 | 0 | 11750 | 14 |
| 184 | 175000 | 9 | |
| 185 | 1 | 1500 | 16 |
| 186 | 1 | 8750 | 16 |
| 187 | 0 | 82500 | 13 |
| 188 | 32500 | 12 | |
| 189 | 1 | 55000 | 16 |
| 190 | 1 | 32500 | 17 |
| 191 | 7 | 27500 | 14 |
| 192 | 0 | 175000 | 13 |
| 193 | 5 | 115000 | 17 |
| 194 | 1 | 42500 | 17 |
| 195 | 1 | 142500 | 17 |
| 196 | 47500 | 12 | |
| 197 | 7 | 6250 | 14 |
| 198 | 16000 | 12 | |
| 199 | 0 | 105000 | 15 |
| 200 | 16000 | 12 | |
| 201 | 1 | 82500 | 16 |
| 202 | 1 | 175000 | 16 |
| 203 | 6 | ||
| 204 | 7 | 175000 | 14 |
| 205 | 0 | 16 | |
| 206 | 1 | 67500 | 16 |
| 207 | 1500 | 12 | |
| 208 | 7 | 55000 | 14 |
| 209 | 37500 | 12 | |
| 210 | 1500 | 12 |
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
1119563097, 9781119563099
