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Created: Feb 14, 2019
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Phase One: Flagler College Students and Optimism about the Future Spring 2019
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Flagler College Students and Optimism about the Future

Rachel Machovec

Caroline Riley

Mckenna Kovatch


Introduction:

This study was taken by Flagler College students in spring of 2019. The information and data given from the results allows us to study the students views about the future and determine if they are optimistic about the future. We are given insight into data from gender to age they want to retire, whether they approve of Trump, if parents are educated, and more.

Data Collection:

The survey and information is being provided by 150 statistics students taking Professor Grant’s class in spring 2019.  These 150 students will represent Flagler College is this statistical data set.


List of Survey Questions:

1.  What gender do you identify with?

2.  How old are you?

3.  Do either of your parents have a college education or higher?

4.  Do you currently approve of President Trump’s job in office?

5.  At what age do you think it is important to start saving?

6.  At what age do you plan to retire?

7.  Is one of your career goals to be self-employed?

8.  Do you think you will be well-prepared to handle your finances after college?

9.  Are you more or less optimistic about the economic future of the United States than you were a year ago?

10.  Do you think you will be better off than your parents or legal guardians over the course of your lifetime?


Data - Graphs and Summary Statistics


Results 1: What gender do you identify with?

Gender of Students Surveyed in 2019


 

Result 1: Gender of Students Surveyed in Spring 2019   [Info]
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The majority of students surveyed were female. As shown in the bar graph 67.3% of students surveyed were female and 32.7% surveyed were male. This bar graph displays the percentage values above the bar. The data is right skewed and the graph clearly shows that more women were surveyed.


Result 2: How old are you?

Age of Students Surveyed

Data for age is numerical, skewed right, unimodal, and may include an outlier of 36. Due to the histogram being skewed the best measure for this graph is the median and IQR. The median is 18 which is visible in the graph. 119 people are from the age of 17.5-20 in the data set. The IQR of the data set is 1.


 

Result 2: Age of Students Surveyed   [Info]
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Result 3: Summary Statistics for Age


 

Result 3: Summary Stats for Age   [Info]

Summary statistics:


ColumnnMeanStd. dev.MedianModeIQRRangeMinMax
Age15018.821.783857518181201636


Result 4: Do either of your parents have a college education or higher?

Students Surveyed Whose Parents Have College Education or Higher


 

Result 4: Students Surveyed Whose Parents Have College Education or Higher   [Info]
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This question only has a yes or no response this is why we chose to use a pie chart with percentages. This data is very simple and to the point. It shows that 79.33% of students have parents who have received a college education or higher and 20.67% of students parents do not.


Result 5:

Do you currently approve of President Trump’s job in office?

Students Surveyed Who Approve of Trump


 

Result 5: Students Surveyed Who Approve of Trump   [Info]
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This bar chart also only has two responses to the question asked. The data is right skewed and unimodal. With it’s given percentages and eights of bar we can conclude 65.3% of students at Flagler College do not approve of Trump and 34.7% of students approve of Trump's job in office.



Result 6:

At what age do you think it is important to start saving?

Age Students Believe Should Start Saving


 

Result 6: Age Students believe Should Start Saving   [Info]
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Result 7: Summary Statistics for Age Students Believe Should Start Saving


 

Result 7: Summary Stats for Age to Save   [Info]

Summary statistics:


ColumnnMeanStd. dev.RangeMedianMinMaxIQR
Age to Save15017.162.3689264171616332


In this histogram we conclude that most students believe people should start saving money when the are 15-16.25. The graph is right skewed which means the best measures to use ar median and IQR. The median is shown in the summary of statistics and comes out to be 16 along with an IQR of 2. There seems to be two outlier which are shown on the right in the lower ages of 30.



Result 8: At what age do you plan to retire?

Age Students Plan On Retiring


 

Result 8: Age Students Plan On Retiring   [Info]
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Result 9: Summary Statistics for Age Students Plan on Retiring


 

Result 9: Summary Stats for Age to Retire   [Info]

Summary statistics:


ColumnStd. dev.MeannMedianRangeMinMaxIQR
Age to Retire7.836531862.646667150653545807


This histogram is our first symmetric graph we got to make. The data comes to be unimodal and reaches its peak from ages 65-67.5  with 45 surveyors choosing in this age range. The best measure for this graph will be Standard Deviation and mean due to this graph not having any outliers. The mean 62.65 years old and the deviation of 7.84 are stated in the summary statistics for this graph.


Result 10:  Is one of your career goals to be self-employed?

Students Surveyed Who Want to be Self-Employed


 

Result 10: Students Surveyed Who Wants To Be Self-Employed   [Info]
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In this pie chart the data show is clear more people at Flagler College have the desire to be self employed. With 58.67% and 88 people saying yes to self-employment and 41.33% and 62 saying no that conclusion statement can be made.



Result 11: Do you think you will be well-prepared to handle your finances after college?

Students Surveyed If They Will Be Well Prepared to Handle Finances After College


 

Result 11: Students Surveyed If They Will Be Well Prepared To Handle Finances After College   [Info]
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For this question we used a pie chart because the majority said yes instead of no meaning it will be easy to tell on a pie chart. If put into a bar chart the data would be right skewed dramatically and unimodal. 108 people which is 72% of students believed they will be prepared to handle finances while 42 and 28% of students believe they will not be able to handle finances after college.


Result 12: Are you more or less optimistic about the economic future of the United States than you were a year ago?

Students Surveyed If More or Less Optimistic about Economic Future Than A Year Ago


 

Result 12: Students Surveyed If More or Less Optimistic about Economic Future Than A Year Ago   [Info]
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The bar graph presented is unimodal and symmetric. 42.7 % which is 64 students chose to say they are less optimistic about the future. The second highest data was 31.3% of participants saying about the same.



Result 13:  Do you think you will be better off than your parents or legal guardians over the course of your lifetime?

Students Surveyed If Better Or Worse Off Than Parents Over a Lifetime



 

Result 13: Students Surveyed If Better or Worse Off Than Parents Over a Lifetime   [Info]
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The pie chart shows the majority which is 64 people, 42.67% of students say that they will be better off than their parents with the second result of 54 people, 36% say they will be about the same as their parents.




 

Data set 1. Riley, Machovec, and Kovatch - Flagler College Stu   [Info]
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<A href="https://www.statcrunch.com/5.0/viewreport.php?reportid=84580">Phase One: Flagler College Students and Optimism about the Future Spring 2019</A>

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