ECONOMICSQuestion 1The requisite histograms are highlighted below.Central location – The mean hourly wages of males is higher in comparison with females.Dispersion – The dispersion for the two genders appears to be moderate to high but exact comparison is no facilitated from the above histogram.
ECONOMICSSkewness- For both the distribution, the skew is positive as a tail appears on the right but the same seems to be much higher for females in comparison with males.Question 2The requisite details are highlighted below.Question 3The requisite scatterplot is indicated below.The sample correlation coefficient for the above two variables has come out as 0.329.Question 4The regression output is indicated below.
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