Please provide an example on higher wages vs. educationlevel using a sample population of 30 men and women.
Include the following:
1) Calculate the measures of central tendency, dispersion, and skew for your data.
2) Display your descriptive statistical data using graphic and tabular techniques.
a) Line graph
b) Bar graph
3) Based on your measures of central tendency and graphs, discuss the best measures of central tendency and dispersion of your data. Justify your selection.
Discuss whether your research findings answered your problem statement (research question), or whether more research might be necessary.
The solution contains a detailed statistical analysis on the variation of wages among employees in a company on the basis of education level.