PLEASE HELP ASAP! MENTORING AMONG MEN AND WOMEN STATISTICAL GUIDE Note that the
ID: 3053693 • Letter: P
Question
PLEASE HELP ASAP!
Explanation / Answer
1. On the average, the income for men exceeded the income for women by 57563.08 - 45335.67 = 12227.41 dollars. Because mean income value for men is 57563.08 dollars and mean income value for women is 45335.67. We take difference between the two to get the answer.
2. Income for men was more variable than that for women because as seen from the table, standard deviation of total income for men is 33887.65 dollars, which is greater than the standard deviation of total income for women which is 21719.87 dollars. Standard deviation is a measure of variability in the data.
3. There was more spread in the months of employment interruption for women than men. Because as seen from the table, standard deviation of the variable "Employment interruption (months)" is higher (5.67) in women than 4.11 in men.
4. Conculsion (1) : It is expected to observe higher variability in the months of employment interruption as we go from one woman to another woman as compared to as we go from one man to another man.
Conclusion (2) : Men are expected to show much more uniformity in their employment interrution duration than women.
5. For both men and women, we observe that the average socioeconomic status are 4.10 and 4.13 respectively. Both are much closer to 4 than 5. Therefore, as per the prescribed coding for the variable "socioeconomic status", the average socioeconomic status for both men and women is closer to "middle class" than "upper middle class" because code for "middle class" is 4, whereas for upper middle class, it is 5.
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