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Created: May 20, 2019
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Descriptive Stats. EBL Shay Mayweather
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I performed my analysis of the median income of men & women over a period of years. I identified this data as significant because I am a woman directly affected by the gender wage gap. 

Summary statistics:

Data obtained from bls.gov reporting the median income from current-2017 of Men and Women. 

The average median income for women-current: $19,712. The difference between the Max and the mean gives us a range of $6959. Which I found surprising seeing that currently there are a lot more women working. However, there is still a huge gender wage gap and the range proves that women's income percentage increases at a slow rate in small increments. 

 

Summary statistics:

ColumnnMeanVarianceStd. dev.Std. err.MedianRangeMinMaxQ1Q3ModeIQR
Female: Median Income-Current Year Dollars 17 19711.529 3731673.6 1931.754 468.51917 19712 6959 16540 23499 19065 20920 No mode 1855

Box Plot: 

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With there not being a signicance diffrence in Max and the Min. The tails of the Boxplot are roughly the same providing us with a symmetric bell Shape with Q2 having a slighter advantage becaus it is larger. There are no outliars present in the boxplot. 

 

Golden 5: 

ColumnMinQ1MedianQ3Max
Female: Median Income-Current Year Dollars 16540 19065 19712 20920 23499

Result 1: Boxplot   [Info]
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Result 2: Summary Stats   [Info]

Summary statistics:


ColumnMinQ1MedianQ3Max
Female: Median Income-Current Year Dollars1654019065197122092023499

Data set 1. Current-2017 Median Income for Men & Women   [Info]
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<A href="https://www.statcrunch.com/5.0/viewreport.php?reportid=87343">Descriptive Stats. EBL Shay Mayweather</A>

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