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More info Variable Definitions Variable Definition AHE Average hourly earnings. Age Age in years.A B C D E F G H K L Age and
More info Variable Definitions Variable Definition AHE Average hourly earnings. Age Age in years.A B C D E F G H K L Age and Hourly Earnings Age W Hourly Earnings (AHE) 25 26 27 28 29 30 31 32 33 34 5 0.001431 0.001943 0.001636 0.001943 0.001022 0.001022 0.001125 0.001227 0.000511 0.001125 5 6 0.001431 0.000613 0.001534 0.001431 0.001125 0.001227 0.001431 0.000409 0.001329 0.000409 6 7 0.001431 0.001943 0.000818 0.001534 0.00092 0.001738 0.001022 0.00092 0.000613 0.001125 8 0.002351 0.001534 0.001738 0.001022 0.001329 0.000818 0.001329 0.00184 0.001227 0.001329 9 0.002351 0.002965 0.002045 0.002351 0.002249 0.001943 0.001636 0.001227 0.001636 0.001227 10 0.004192 0.004805 0.003681 0.004294 0.003681 0.004192 0.003578 0.002965 0.00276 0.002147 11 0.003272 0.003476 0.002863 0.002454 0.002454 0.003067 0.002045 0.002863 0.002965 0.002249 12 0.00685 0.006134 0.005623 0.004396 0.005828 0.005521 0.004805 0.00501 0.00501 0.004601 13 0.003885 0.003681 0.005112 0.003885 0.003578 0.003987 0.003067 0.003272 0.003681 0.003374 14 0.005828 0.004907 0.007054 0.006134 0.004703 0.006646 0.006748 0.005828 0.004907 0.005419 15 0.003476 0.003169 0.00409 0.003578 0.003987 0.005112 0.003987 0.00501 0.002351 0.003578 16 0.002658 0.003272 0.004192 0.003067 0.004805 0.003272 0.004396 0.003681 0.003169 0.002147 17 0.004703 0.00501 0.006441 0.006339 0.005828 0.004703 0.005828 0.007054 0.004805 0.005214 18 0.002658 0.003169 0.003578 0.002965 0.003169 0.003681 0.003681 0.003476 0.003681 0.003783 9 0.003681 0.00409 0.005214 0.004805 0.006032 0.006646 0.006339 0.005828 0.00685 0.004601 20 0.002965 0.002863 0.003067 0.00276 0.003681 0.003885 0.004192 0.00501 0.005419 0.003374 22 0.003885 0.004601 0.005419 0.006543 0.007054 0.007975 0.006646 0.007975 0.007361 0.007054 24 0.00409 0.005725 0.006748 0.009508 0.007668 0.007872 0.011349 0.007566 0.009713 0.008997 26 0.003169 0.003169 0.00501 0.003476 0.004499 0.005419 0.004499 0.005316 0.004601 0.005828 28 0.002965 0.002658 0.003681 0.004601 0.004805 0.00685 0.005725 0.006543 0.006237 0.007872 30 0.001943 0.002249 0.00409 0.003476 0.005214 0.005316 0.005725 0.006032 0.006032 0.006237 35 0.002556 0.002658 0.004907 0.006952 0.006237 0.007054 0.006237 0.008281 0.010326 0.00685 40 0.001329 0.002249 0.001636 0.002863 0.003067 0.004294 0.004396 0.006134 0.004703 0.005214 45 0.001022 0.000511 0.001431 0.001534 0.001738 0.003272 0.003885 0.003783 0.005214 0.004601 50 0.000511 0.000511 0.001227 0.001227 0.001227 0.001738 0.00276 0.002249 0.002556 0.003067 55 0.000102 0.000818 0.000613 0.000818 0.000511 0.001022 0.000818 0.001125 0.001534 0.001738 60 0.000204 0.000613 0.000307 0.000511 0.000716 0.000818 0.001125 0.00092 0.001738 0.001329 31 55 0.000102 0.000204 0.000102 0.000102 0.000511 0.000204 0.000409 0.000204 0.000716 0.000818 32 70 0.000307 0.000204 0.000818 0.000716 0.000613 0.001227 0 0.002147 0.001636 0.001738 0.003169 33The following table contains data on the joint distribution of age (Age) and average hourly earnings (AHE) for 25 to 34 yearold fulltime workers with an educational level that exceeds a high school diploma in 2012. Download the data from the table by clicking the download table icon D . Adetailed description of the variables used in the dataset is available here 0. Use a smtistical package of your choice to answer the following questions. Compute the marginal distribution of Age. Marginal distribution of Age Age (years) 25 26 27 28 29 30 31 32 33 34 .0754 .0797 .0947 .0953 .0983 .1105 .1109 .1134 .1134 .1085 (Round your response to four decimal places) Compute the mean of AHE for Age = 29; that is, compute, E(AHE |Age = 29). E(AHE |Age = 29) = (Round your response to four decimal places)
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