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The following table contains data on the joint distribution of age (Age) and average hourly earnings (AHE) for 25 to 34 year-old full-time workers with
The following table contains data on the joint distribution of age (Age) and average hourly earnings (AHE) for 25 to 34 year-old full-time 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 . A detailed description of the variables used in the dataset is available here (j ). Use a statistical 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 = 34; that is, compute, E(AHE | Age = 34). E(AHE | Age = 34) = (Round your response to four decimal places)
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