Monash University Business Statistics 1: Data Analysis Assignment
VerifiedAdded on 2022/09/22
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Homework Assignment
AI Summary
This assignment analyzes a dataset related to women's wages and working hours, employing various statistical techniques. The solution begins by classifying variables and identifying the data type, followed by calculating proportions and performing preliminary analyses to compare hourly wages based on different criteria such as the presence of preschool children, age, and working hours. Descriptive statistics, including mean, median, standard deviation, and interquartile range, are calculated and compared for wages. The assignment further explores the distribution of hourly wages for men and women, discussing central tendency, variability, and the shape of the distributions. T-tests are used to assess the relationship between women's working hours, wages, and location, as well as to determine if there is a statistically significant difference between women's and men's wages. Pivot tables and chi-square tests are also employed to analyze the relationship between educational attainment, wage levels, and working hours. Finally, probabilities are calculated based on the dataset, providing a comprehensive statistical analysis of the provided data.
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