Statistics Mini-project Essay Example | Topics and Well Written Essays - 1500 words

Statistics Mini-project - Essay Example And the equation is as below. In work fields, it is the order of the day that you can work with a person and end up being paid very little as compared to what he/she is getting at the end of the pay period (Mailu, S 2000). This is caused by many factors but majority tend to thing that, the level of education, sex, work experience, his/her race, the occupation one is in, the sector, the marital status, where one lives and whether one is a member of the union, has a lot to do with the remuneration package one gets. In view of this, the above project was carried out to determine whether this is true and if not what really matters in such situations. Data was collected and analyzed according to Jacob, C (1998). The way a certain group is represented in the sample determines a lot how that groups will behave and also how their findings will be generalized (Agnes, W 2002). In this case regression analysis is used to determine if the coefficients used are significant or not. According to Smith (2000), regression tells more of how a certain factor contributes towards the other. From tables 1-5 above, the whites earn a bit high than the other races although the difference in wage is not significant. The same applies to the gender; males are a bit high in wage than the females with a difference of 2.11 which is statistically different. Union members earn better than their counterparts who are not union members and have a significant difference of 2.16. In the different job categories, those working in management earn better followed by those that are professionals although the difference is not statistically significant. However, management and professional earn differently from the others categories and the various mean differences are statistically different at 95% confidence level. Clerical jobs are the poorly paid. Experience contributes much as well as the level of education one has attained. Furthers, those that have spend many years in