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 |
| 3 | 1 | 32500 | 16 |
| 5 | 1 | 82500 | 16 |
| 6 | 0 | 6250 | 14 |
| 7 | 1 | 23500 | 16 |
| 8 | 7 | 82500 | 14 |
| 9 | 0 | 37500 | 14 |
| 10 | 7 | 82500 | 16 |
| 14 | 0 | 47500 | 15 |
| 15 | 7 | 11750 | 15 |
| 16 | 2 | 82500 | 17 |
| 18 | 7 | 37500 | 15 |
| 19 | 1 | 55000 | 16 |
| 20 | 1 | 82500 | 16 |
| 21 | 1 | 27500 | 16 |
| 23 | 7 | 27500 | 14 |
| 25 | 0 | 37500 | 14 |
| 27 | 0 | 67500 | 15 |
| 30 | 7 | 105000 | 15 |
| 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 |
| 44 | 1 | 32500 | 16 |
| 45 | 1 | 95000 | 16 |
| 46 | 1 | 1500 | 16 |
| 47 | 7 | 37500 | 14 |
| 48 | 2 | 42500 | 17 |
| 50 | 2 | 105000 | 17 |
| 51 | 0 | 18500 | 13 |
| 52 | 0 | 23500 | 14 |
| 54 | 0 | 21000 | 13 |
| 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 |
| 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 |
| 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 |
| 82 | 1 | 95000 | 16 |
| 85 | 1 | 67500 | 16 |
| 86 | 0 | 23500 | 14 |
| 87 | 0 | 18500 | 15 |
| 88 | 1 | 67500 | 16 |
| 89 | 0 | 23500 | 13 |
| 90 | 1 | 37500 | 15 |
| 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 |
| 102 | 0 | 16000 | 13 |
| 104 | 0 | 8750 | 14 |
| 105 | 0 | 6250 | 14 |
| 108 | 1 | 42500 | 16 |
| 109 | 1 | 37500 | 16 |
| 113 | 1 | 55000 | 16 |
| 114 | 0 | 55000 | 13 |
| 116 | 0 | 42500 | 15 |
| 119 | 2 | 55000 | 17 |
| 122 | 7 | 67500 | 14 |
| 128 | 2 | 67500 | 17 |
| 129 | 7 | 18500 | 15 |
| 130 | 0 | 16000 | 14 |
| 131 | 0 | 27500 | 13 |
| 133 | 0 | 8750 | 14 |
| 134 | 0 | 21000 | 17 |
| 135 | 0 | 67500 | 14 |
| 136 | 1 | 105000 | 16 |
| 138 | 0 | 13750 | 13 |
| 143 | 1 | 82500 | 16 |
| 145 | 0 | 95000 | 14 |
| 147 | 0 | 67500 | 14 |
| 148 | 0 | 23500 | 14 |
| 149 | 1 | 175000 | 16 |
| 150 | 0 | 142500 | 15 |
| 151 | 2 | 127500 | 17 |
| 152 | 0 | 11750 | 13 |
| 154 | 0 | 67500 | 13 |
| 155 | 1 | 6250 | 16 |
| 156 | 1 | 42500 | 16 |
| 157 | 0 | 27500 | 13 |
| 159 | 1 | 127500 | 16 |
| 160 | 0 | 6250 | 14 |
| 162 | 1 | 105000 | 16 |
| 164 | 0 | 8750 | 14 |
| 170 | 0 | 21000 | 15 |
| 171 | 1 | 47500 | 16 |
| 172 | 2 | 175000 | 17 |
| 173 | 1 | 127500 | 17 |
| 175 | 1 | 47500 | 16 |
| 177 | 2 | 11750 | 17 |
| 182 | 0 | 1500 | 14 |
| 183 | 0 | 11750 | 14 |
| 185 | 1 | 1500 | 16 |
| 186 | 1 | 8750 | 16 |
| 187 | 0 | 82500 | 13 |
| 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 |
| 197 | 7 | 6250 | 14 |
| 199 | 0 | 105000 | 15 |
| 201 | 1 | 82500 | 16 |
| 202 | 1 | 175000 | 16 |
| 204 | 7 | 175000 | 14 |
| 206 | 1 | 67500 | 16 |
| 208 | 7 | 55000 | 14 |
| 211 | 2 | 23500 | 16 |
| 213 | 0 | 18500 | 13 |
| 216 | 0 | 32500 | 13 |
| 218 | 7 | 47500 | 14 |
| 220 | 0 | 23500 | 13 |
| 222 | 0 | 67500 | 13 |
| 224 | 0 | 32500 | 13 |
| 227 | 0 | 67500 | 13 |
| 229 | 0 | 47500 | 14 |
| 232 | 7 | 11750 | 14 |
| 233 | 1 | 67500 | 16 |
| 234 | 0 | 55000 | 13 |
| 235 | 7 | 4000 | 16 |
| 236 | 7 | 42500 | 14 |
| 237 | 0 | 32500 | 14 |
| 238 | 0 | 8750 | 13 |
| 240 | 2 | 27500 | 17 |
| 241 | 0 | 175000 | 13 |
| 242 | 0 | 67500 | 14 |
| 243 | 1 | 4000 | 16 |
| 244 | 0 | 67500 | 15 |
| 245 | 1 | 105000 | 17 |
| 250 | 0 | 32500 | 13 |
| 251 | 0 | 37500 | 13 |
| 253 | 7 | 32500 | 14 |
| 254 | 2 | 47500 | 17 |
| 256 | 0 | 16000 | 13 |
| 258 | 0 | 47500 | 14 |
| 262 | 0 | 115000 | 14 |
| 269 | 1 | 10500 | 16 |
| 271 | 1 | 55000 | 16 |
| 272 | 7 | 1500 | 15 |
| 274 | 1 | 67500 | 16 |
| 276 | 7 | 175000 | 16 |
| 278 | 2 | 32500 | 17 |
| 279 | 1 | 67500 | 16 |
| 280 | 1 | 18500 | 15 |
| 281 | 1 | 105000 | 16 |
| 282 | 2 | 82500 | 17 |
| 283 | 1 | 55000 | 16 |
| 284 | 2 | 95000 | 17 |
| 285 | 1 | 37500 | 16 |
| 286 | 1 | 32500 | 16 |
| 287 | 0 | 4000 | 14 |
| 288 | 1 | 32500 | 17 |
| 289 | 0 | 55000 | 13 |
| 291 | 1 | 18500 | 16 |
| 292 | 1 | 82500 | 16 |
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
9th Edition
978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062
