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Maths 3. Use the following for Questions 3-6. U.S. Bureau of Labor Statistics current population survey of unemployment rate and median weekly earnings to highest

Maths

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3. Use the following for Questions 3-6. U.S. Bureau of Labor Statistics current population survey of unemployment rate and median weekly earnings to highest degree earned. Note: Data are for persons age 25 and over. Highest Degree Earned Unemployment Rate Median Weekly (%) Earnings ($) Doctoral Degree 1.5 1,743 Professional Degree 1.5 1,836 Master's Degree 2.2 1,401 Bachelor's Degree 2.5 1,173 Associate's Degree 3.4 836 Some College, No 4.0 774 Degree High School Diploma 4.6 712 Less than a High School 6.5 520 Diploma Overall 3.6 907 What population is described by this data? 4. Describe the relationship between: a) unemployment and educational attainment b) weekly earnings and educational attainment 5. What was the overall national: a) percentage of unemployment? b) median weekly earnings? 6. Based on this data, is it better to earn a doctoral degree or a professional degree? Why

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