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Created: Mar 17, 2014
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Tags: Salary
 
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Money in Degrees ( Carlos Rodriguez & Ramsel Martinez).
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<Data1> Graduates with master and phd tend to have higher salary than most other degrees but only a few graduates have masters and or phds.

< Result 1> Summary stats of salary depending on the type of degrees given to graduates and undergraduates.

< result 2> Chart column of salary depending on degree. 

< Result 3> There are more undergraduates than they are those with Masters and PhD's.

< Analysis> The anual rate that an undergraduate will make is less than 70K.

 The anual rate of graduates with masters will tend to make over 20K.

The anual rate of graduates with PhD's tend to make over 20K.  

Result 1: Summary Stats   [Info]
Summary statistics:
Column n Mean Variance Std. dev. Std. err. Median Range Min Max Q1 Q3
Undergraduate 11 4.3636364 18.054545 4.2490641 1.281141 4 11 0 11 0 8
Masters 11 4.2727273 28.618182 5.3495964 1.612964 2 17 0 17 1 6
PhD 11 2.6363636 7.6545455 2.7666849 0.83418689 2 8 0 8 1 5

Result 2: Chart columns   [Info]
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Result 3: Boxplot   [Info]
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Data set 1. Salary range   [Info]
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<A href="https://www.statcrunch.com/5.0/viewreport.php?reportid=39385">Money in Degrees ( Carlos Rodriguez & Ramsel Martinez).</A>

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By 9847114_ecollege_lamcmlp
Mar 30, 2014

Nice presentation of information. It would be better if you would comment on the outcome of the summary statistics, such as the mean for each group. Your analysis seems to come from the bar graph, which clearly illustrates the varying income levels with respect to each degree level. Good job.
By 13570325_ecollege_lamcmlp
Mar 17, 2014

education is the key to success.

Always Learning