Which of the following statements is true, based on Figure 8.2?
A team of researchers is interested to know whether respondents’ education is related to their personal income. They conduct a comparison of means with the variable REALINC (Respondent’s personal annual income, measured in dollars) as the dependent variable and DEGREE as the “Row” variable, and use a filter of YEAR (2010-2014). The resulting analysis is shown in Figure 8.2
Figure 8.2
a. Most respondents represented in the Figure held a Bachelor’s degree or higher
b. On average, respondents with a bachelor’s degree earn more than $20,000 more per year compared to those whose highest degree is a high school degree.
c. Approximately 29% of respondents reported holding a high school degree (but no higher degree) in survey years 2012 – 2014.
d. As respondents’ educational attainment increases, respondents’ personal income tends to decrease.
b. On average, respondents with a bachelor’s degree earn more than $20,000 more per year compared to those whose highest degree is a high school degree.
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