StatCrunch logo (home)

Report Properties

from Flickr
Created: May 9, 2019
Share: yes
Views: 74
Results in this report
Data sets in this report
Need help?
To copy selected text, right click to Copy or choose the Copy option under your browser's Edit menu. Text copied in this manner can be pasted directly into most documents with formatting maintained.
To copy selected graphs, right click on the graph to Copy. When pasting into a document, make sure to paste the graph content rather than a link to the graph. For example, to paste in MS Word choose Edit > Paste Special, and select the Device Independent Bitmap option.
You can now also Mail results and reports. The email may contain a simple link to the StatCrunch site or the complete output with data and graphics attached. In addition to being a great way to deliver output to someone else, this is also a great way to save your own hard copy. To try it out, simply click on the Mail link.
Post-Secondary Education Earnings - Statistics EBL - Hinkley
Mail   Print   Twitter   Facebook

K.C. Hinkley

Professor Smith


May 7, 2019

EBL Stat Crunch Assignment:

Post-Secondary Education Earnings

            Most students are looking to make as much many as they can when they graduate. They throw around saying of “chase a bag” and “make this bread”, but what are students actually making after graduation. There is statistical data pulled from a sample group at the University of Wisconsin – Madison. I compared the 25thpercentile of the data collected. On a salary range, this means that it is the beginning of the pay scale, which is where most college graduates are going to fall into at their first couple of jobs. The mean or average of this data is a salary of $41,302.42. This looks good for students, but by taking a deeper look, the overall tendencies will be revealed. 

The five-point summary is the minimum, Q1, Median, Q3, and the max. The five-point summary for this data set is: $13,424; $26,880; $38,535; $50,856; $173,285. The lowest college graduates are being paid is represented by the $13,424 which would be hard to live on but do-able. On the other end of the spectrum, $173,285 would be an extremely cushy life for someone fresh out of college. The reason the maximum is so much higher than the rest of the data set is because that job is in the Healthcare profession working in a medicinal practice. This is the main outlier of the data set.

Right click to copy

A picture of the boxplot can be seen on the right. It can be clearly seen that this data set is right-skewed. This means that more recent college graduates tend to make less money than some of their peers when first entering their salary range. Also, the variance is 3.6104.

This data set was of interest to me because I am getting closer to graduating and it is important to be realistic in how much money I will be making after graduation. These figures help support that the “average” graduate will be able to start making $41K a year, but in reality, it could be much lower at the minimum. This information was something that I had already known a little bit about, and this mostly confirmed my idea of what is going to happen when I enter the real world upon graduation.



Stat-Crunch Link:


Data Source Link:


Additional Information on Salary Ranges:

Result 1: Summary Stats   [Info]

Summary statistics:

ColumnnMeanVarianceStd. dev.Std. err.MedianRangeMinMaxQ1Q3IQRMode

Result 2: Boxplot   [Info]
Right click to copy

Data set 1. Post-Secondary Employment Outcomes - Hinkley   [Info]
To analyze this data, please sign in.

HTML link:
<A href="">Post-Secondary Education Earnings - Statistics EBL - Hinkley</A>

Want to comment? Subscribe
Already a member? Sign in.

Always Learning