Background and Research Question My research question is

Background and Research Question • My research question is median weekly earnings by educational attainment. Research on this topic is important to me because I want to see what level of education I will need in order to have at least 1000$ per week. We can divide research question in 8 categories in order to find median weekly earnings by educational attainment. 8 categories are median earnings with: less than high school diploma, some college no degree, associate’s degree, bachelor’s degree, master’s degree, professional degree, doctoral degree. I will get my data from site Bureau of Labor Statistics.

Data Sources • I found my data on http: //www. bls. gov/emp/ep_chart_001. htm • Data is divided into 8 categories.

Data Analysis Median weekly earnings Standard Deviation 466. 3801 Sample Variance 217510. 4 Kurtosis -1. 55511 Skewness 0. 359693 Range 1242 Minimum 472 Maximum 1714 Sum 8401 Count 8 Doctoral degree #N/A Professional degree Mode 942. 5 Master's degree Median BD 164. 8903 AD Standard Error Median weekly earning s Some college, no degree 1050. 125 High school diploma Mean Less than a high school d. . . Descriptive Statistics 1800 1600 1400 1200 1000 800 600 400 200 0

Conclusions • From the graph from previous slide we can see that on average people without high school diploma will earn 1242$ less then people with Professional Degree in one week. As we can see mean is 1050$ and for that you will need at least Bachelor’s degree and this is what I want to be paid in future. People with some college without degree have similar weekly earnings as people with Associate’s Degree. If we divide weekly earnings with 40 hour per week we will get that with no high school diploma people will earn 11. 8$/hour, people with Bachelor’s Degree 27. 7$/hour and people with Professional Degree 42. 85$/hour