Esyim stats

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EsyimstatsprojectEssay.docx

Step 1: Descriptive statistics

State

TotalEmployment

AverageHourlySalary

AverageYearlySalary

Median

New York

3120

21

43400

Indiana

1250

17.5

36345

Mean

New York

11529.66176

24.24594993

50427.71723

Indiana

4180.712121

20.50909091

42630.33333

standard deviation

New York

26134.41901

13.09405089

27244.63052

Indiana

9555.009949

11.48998016

23921.97487

Range

New York

274470

81

167400

Indiana

95100

90

185800

The descriptive statistics used for this case were the median, mean, standard deviation and range. From the results, is possible to see that the total employment is higher in New York than in Indiana. However, the standard deviation is higher in New York than in Indiana. The range for New York total employment is 274470 and for Indiana, it is 95100

New York has an average hourly salary of 21 and a standard deviation of 13.09 meaning it is highly spread which is higher than that of New York. Indiana has an average yearly salary of 17.5 and a standard deviation of 11.49. The range for New York average hourly salary is 81 and for Indiana, it is 90.

New York has an average yearly salary of 43400 and a standard deviation of 27244.63052 meaning it is highly spread which is higher than that of New York. Indiana has an average yearly salary of 36345 and a standard deviation of 23921.97487. The range for New York average yearly salary is 167400 and for Indiana, it is 185800

Step 2: Frequency table for Average hourly salary in Indiana

Bin

Frequency

1-10

50

11-20

373

21-30

153

31-40

55

41-50

16

51-60

1

61-70

5

71-80

2

81-90

2

91-100

3

Used the “Count If” Function to generate a frequency table for average hourly salary. From the frequency table, it can be seen that the average hourly salary is strongly skewed left with more than half of the data concentrated in the lowest four bins

Step 3: t-Test: Two-Sample Assuming unequal Variances

t-Test: Two-Sample Assuming Unequal Variances

 

AverageYearlySalary

AverageYearlySalary

Mean

42630.33333

50427.71723

Variance

572260881.8

742269892

Observations

660

679

Hypothesized Mean Difference

0

df

1323

t Stat

-5.5692148

P(T<=t) one-tail

1.54784E-08

t Critical one-tail

1.646006192

P(T<=t) two-tail

3.09567E-08

t Critical two-tail

1.961758651

 

For the multivariate analysis, the t-Test: Two-Sample Assuming Unequal Variances was performed. The objective was to determine if the difference between the two means is significant. It was hypothesized that there is no difference between the two means. However, with a p-value of approximately zero at 55 level of significance, the null hypothesis should be rejected.

Step 4: Regression Analysis

Add additional analysis done was regression analysis. A scatter plot of Average Hourly Salary of the two states was done in step 4. The scatter plot illustrated that there is a negative relationship between Average Hourly Salary for Indiana state and New York state.

General conclusion

From the our steps above, it can be conclude that the average salary is better in New York than in Indiana. The average hourly rate, the average annual rate and the total employment is better is New York than in Indiana.

A scatter plot of AverageHourlySalary of the two states

AverageHourlySalary 7 7 7 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 9 9 9 9 9 9 9 9 9 9 9 9 9 10 10 10 10 10 10 10 10 10 10 10 10 10 10 10 10 10 10 10 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 16 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 17 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 18 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 22 22 22 22 22 22 22 22 22 22 22 22 22 22 22 22 22 22 22 22 22 22 22 22 22 22 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 24 24 24 24 24 24 24 24 24 24 24 24 24 24 24 24 24 25 25 25 25 25 25 25 25 25 25 26 26 26 26 26 26 26 26 26 26 26 26 27 27 27 27 27 27 27 27 27 27 27 27 27 27 27 28 28 28 28 28 28 28 28 28 28 28 28 28 29 29 29 29 29 29 29 29 29 30 30 30 30 30 30 30 31 31 31 32 32 32 32 32 32 32 32 33 33 33 33 33 33 33 33 33 34 34 34 34 34 34 34 35 35 35 35 35 35 35 35 35 36 36 36 36 36 37 37 37 37 37 37 38 39 39 39 40 40 40 40 41 41 41 42 43 43 43 44 44 45 45 46 46 47 48 50 56 62 63 69 70 70 73 79 85 87 93 94 97 17.5 20.50909091 11.48998016 90 0 79 61 61 69 70 58 46 64 66 51 54 51 45 51 47 36 59 28 47 44 61 25 34 30 32 48 58 29 42 35 44 48 34 30 28 29 25 29 31 28 31 29 28 25 33 42 27 33 36 25 31 45 48 63 35 38 21 35 28 15 33 53 35 43 46 25 41 39 37 38 47 42 39 32 24 39 34 28 29 40 41 36 48 40 41 36 34 36 35 36 38 24 28 24 22 24 24 25 24 21 26 24 24 19 29 26 41 32 27 31 27 24 41 38 27 56 37 34 35 35 29 29 40 46 34 26 38 55 35 37 30 34 31 15 34 29 17 19 20 19 32 17 20 28 18 19 20 28 19 18 13 18 23 24 21 24 22 27 14 20 23 18 19 66 33 58 27 32 20 20 24 14 28 21 24 28 22 28 14 18 22 31 24 53 19 27 29 24 31 39 13 27 30 17 24 26 52 32 24 28 20 35 28 29 35 30 33 25 22 22 25 18 27 19 21 31 28 38 70 79 84 35 26 54 47 74 80 89 68 64 89 68 40 62 33 33 30 34 36 22 29 32 26 50 47 27 20 30 25 30 32 29 18 16 14 17 25 19 16 19 17 23 34 21 30 22 34 11 14 16 21 15 21 12 24 16 15 16 16 11 12 16 33 39 37 25 26 25 22 24 25 31 15 27 21 14 22 12 13 13 10 25 15 9 13 13 10 12 10 12 8 9 12 14 10 8 10 10 20 23 13 13 16 13 18 19 20 19 19 11 9 14 11 9 21 11 11 25 12 10 13 26 9 9 14 13 18 12 16 10 11 10 20 12 14 14 21 48 9 11 12 16 12 29 32 55 18 30 39 32 14 17 38 43 13 21 26 13 20 15 16 16 17 11 17 17 12 22 16 23 18 16 19 13 12 15 12 18 16 14 18 13 16 16 18 12 18 17 20 21 21 20 21 14 11 13 23 21 15 15 17 13 15 21 17 14 13 13 18 20 15 21 23 13 11 11 14 15 19 15 11 35 26 26 21 24 27 18 16 26 25 29 21 24 28 25 27 30 24 21 31 21 20 23 28 25 31 21 27 33 17 12 15 12 15 12 16 25 33 15 23 17 21 18 21 21 21 13 16 12 14 15 31 21 24 28 24 18 20 31 17 16 18 24 17 14 18 21 15 21 17 14 16 12 15 11 15 30 22 16 22 17 20 26 22 31 29 21 13 27 23 15 18 13 23 15 17 26 18 12 14 16 18 18 11 12 16 13 18 11 10 13 11 11 15 18 17 17 16 14 15 15 17 15 18 20 16 23 18 16 15 15 21 17 19 16 17 14 18 25 14 15 18 20 17 11 10 11 12 12 16 15 11 12 11 17 28 17 15 16 14 14 15 13 12 13 31 32 28 21 24 34 22 22 20 17 16 12 17 15 15 15 15 16 19 17 14 15 13 15 16 13 19 11 14 14 12 16 14 15 21 11 14 28 23 27 22 11 21 16 14 20 15 13 16 23 24 27 16 25 15 30 9 9 21 16 13 25 20 17 16 12 12 13 10 19 22 21 29 21 24.245949926362279 13.094050888703427 81