ECON 1030 Statistics 1: Analysis of Gender Pay Gap in Australia

This report presents an analysis of the gender pay gap in Australia, focusing on wage disparities between the public and private sectors. The study utilizes statistical methods to examine the mean hourly wage, demographic characteristics, and socioeconomic factors influencing pay. The report includes an executive summary, introduction, analysis, and conclusions, along with a ministerial brief. Data from the 2017 HILDA survey is analyzed to calculate summary statistics, create histograms, and compare demographic characteristics such as gender, marital status, and degree attainment. The findings reveal a significant gender pay gap, with males earning more than females in both sectors, and differences in mean hourly wages between the public and private sectors. The analysis also explores the impact of education levels on wages. The report concludes with a summary of the key findings and recommendations for addressing the gender pay gap, including the potential for government policies to ensure equal pay. The report also provides a ministerial brief summarizing the key findings and recommendations for addressing the gender pay gap.