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This a question about quantitative methods for finance. The following table contains data for full-time, full-years workers, age 25-34, with a high school diploma or
This a question about quantitative methods for finance. The following table contains data for full-time, full-years workers, age 25-34, with a high school diploma or B.AJB.S. as their highest degree for the years 1992 and 2008, Download the data from the tables by clicking the download table icon . A detailed description of the variables used in the dataset is available here . Use a statistical package of your choice to answer the following questions. Compute the sample mean for average hourly earnings (AHE) in 1992. The sample mean for average hourly earnings (AHE) in 1992 is Round your response to three decimal places) Compute the sample mean for average hourly earnings (AHE) in 2008. The sample mean for average hourly earnings (AHE) in 2008 is Round your response to three decimal places) Construct a 95% confidence interval for the population mean of AHE in 1992. The 95% confidence interval is Round your response to three decimal places) Construct a 95% confidence interval for the population mean oAHE in 2008. The 95% confidence interval is Round your response to three decimal places) Construct a 95% confidence interval for the population mean of the change in AHE between 1992 and 2008, (2008 AHE-1992 AHE) The 95% confidence interval is D The following table contains data for full-time, full-years workers, age 25-34, with a high school diploma or B.AJB.S. as their highest degree for the years 1992 and 2008, Download the data from the tables by clicking the download table icon . A detailed description of the variables used in the dataset is available here . Use a statistical package of your choice to answer the following questions. Compute the sample mean for average hourly earnings (AHE) in 1992. The sample mean for average hourly earnings (AHE) in 1992 is Round your response to three decimal places) Compute the sample mean for average hourly earnings (AHE) in 2008. The sample mean for average hourly earnings (AHE) in 2008 is Round your response to three decimal places) Construct a 95% confidence interval for the population mean of AHE in 1992. The 95% confidence interval is Round your response to three decimal places) Construct a 95% confidence interval for the population mean oAHE in 2008. The 95% confidence interval is Round your response to three decimal places) Construct a 95% confidence interval for the population mean of the change in AHE between 1992 and 2008, (2008 AHE-1992 AHE) The 95% confidence interval is D
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