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Using data: Determine the correct measure of variability based on the levels of measurement for each of variable education level and complete the following worksheet

Using data: Determine the correct measure of variability based on the levels of measurement for each of variable education level and complete the following worksheet that is provided with data for the education variable.

Independent Variable 1(Education level)

Education level Data
170,910
365,667
545,995
721,100
833,414
847,799
1,147,387
1,166,158
1,223,629
1,389,261
1,803,672
1,853,755
2,016,959
2,269,578
2,459,152
2,536,794
2,555,952
2,762,250
3,000,042
3,097,409
3,413,879
3,564,596
4,385,456
5,028,601
5,556,561
12,211,028
13,892,241

Education level
Mean 3101859
Standard Error 634055
Median 2364365
Mode #N/A
Standard Deviation 3233058
Sample Variance 10452665251357
Kurtosis 6
Skewness 2
Range 13526574
Minimum 365667
Maximum 13892241
Sum 80648335
Count 26
Confidence Level (95.0%) 1305860

Justification: (State the measure of variation chosen and why.)

[Enter your response here.]

Level of Measurement: (List the level of measurement: nominal, ordinal, interval, or ratio.)

[Enter your response here.]

Measure of Variation Table:

[Paste the Measure of Variation Table here.]

Summary of Table Results: (Summarize the table results.)

[Enter your response here.]

Independent Variable 2 (Occupation)

Occupation data
53,487
177,093
281,486
442,193
456,949
543,105
545,675
558,089
769,597
807,729
964,908
1,251,908
2,748,119
9,600,338

Occupation
Mean 1371477
Standard Error 656959
Median 551882
Mode #N/A
Standard Deviation 2458116
Sample Variance 6042336424625
Kurtosis 12
Skewness 3
Range 9546851
Minimum 53487
Maximum 9600338
Sum 19200676
Count 14
Confidence Level (95.0%) 1419274

Justification: (State the measure of variation chosen and why.)

[Enter your response here.]

Level of Measurement: (List the level of measurement: nominal, ordinal, interval, or ratio.)

[Enter your response here.]

Measure of Variation Table:

[Paste the Measure of Variation Table here.]

Summary of Table Results: (Summarize the table results.)

[Enter your response here.]

Using data: Determine the correct measure of variability based on the levels of measurement for each of variable income and complete the following worksheet that is provided with data for the income variable.

Dependent Variable (Income)

Income Data
7,598 107,337
9,551 107,800
12,368 108,382
14,571 109,290
14,749 115,401
16,166 115,566
16,251 116,222
16,357 116,605
16,607 117,505
18,699 123,581
19,324 128,762
21,786 137,022
42,061 145,088
42,665 145,946
50,884 160,485
51,852 164,978
61,585 165,012
71,688 167,851
71,721 184,720
80,294 195,457
91,755 203,578
92,111 208,672
94,681 218,933
100,378 225,359
102,356 238,194
102,712 244,842
105,291 276,095
105,672 288,457
106,031 293,206
106,515 351,383
106,818 388,793

Income dependent variable
Mean 114624
Standard Error 10965
Median 106515
Mode #N/A
Standard Deviation 88401
Sample Variance 7814713546
Kurtosis 1
Skewness 1
Range 386650
Minimum 2143
Maximum 388793
Sum 7450582
Count 65
Confidence Level (95.0%) 21905

Justification: (State the measure of variation chosen and why.)

[Enter your response here.]

Level of Measurement: (List the level of measurement: nominal, ordinal, interval, or ratio.)

[Enter your response here.]

Measure of Variation Table:

[Paste the Measure of Variation Table here.]

Summary of Table Results: (Summarize the table results.)

[Enter your response here.]

References

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