Wages and Hours Worked

Data collected from 1979-1988

Meaningful question for analysis: Does hourly wage increase as age increases?

Snapshot of data pre-wrangling:

##   V1 lnhr lnwg kids age disab id year
## 1  1 7.58 1.91    2  27     0  1 1979
## 2  2 7.75 1.89    2  28     0  1 1980
## 3  3 7.65 1.91    2  29     0  1 1981
## 4  4 7.47 1.89    2  30     0  1 1982
## 5  5 7.50 1.94    2  31     0  1 1983
## 6  6 7.50 1.93    2  32     0  1 1984

Snapshot of data post-wrangling:

##   Average_Hours_Worked Average_Hourly_Wage Number_Of_Children Age
## 1                 7.58                1.91                  2  27
## 2                 7.75                1.89                  2  28
## 3                 7.65                1.91                  2  29
## 4                 7.47                1.89                  2  30
## 5                 7.50                1.94                  2  31
## 6                 7.50                1.93                  2  32
##   Bad_Health ID Year
## 1         No  1 1979
## 2         No  1 1980
## 3         No  1 1981
## 4         No  1 1982
## 5         No  1 1983
## 6         No  1 1984

Summary Statistics:

##  Average_Hours_Worked Average_Hourly_Wage Number_Of_Children
##  Min.   :2.770        Min.   :-0.260      Min.   :0.000     
##  1st Qu.:7.580        1st Qu.: 2.370      1st Qu.:1.000     
##  Median :7.650        Median : 2.640      Median :2.000     
##  Mean   :7.657        Mean   : 2.609      Mean   :1.556     
##  3rd Qu.:7.780        3rd Qu.: 2.860      3rd Qu.:2.000     
##  Max.   :8.560        Max.   : 4.690      Max.   :6.000     
##       Age         Bad_Health              ID             Year     
##  Min.   :22.00   Length:5320        Min.   :  1.0   Min.   :1979  
##  1st Qu.:32.00   Class :character   1st Qu.:133.8   1st Qu.:1981  
##  Median :38.00   Mode  :character   Median :266.5   Median :1984  
##  Mean   :38.92                      Mean   :266.5   Mean   :1984  
##  3rd Qu.:45.00                      3rd Qu.:399.2   3rd Qu.:1986  
##  Max.   :60.00                      Max.   :532.0   Max.   :1988
The youngest participant in this study is 22, while the oldest participant in this study is 60. The number of children the participants have range from 0 to 6. The average hourly wage during the time of this study was $2.609, with the average hours worked being 7.657 hours.

Graphics

## function (x, ...) 
## UseMethod("boxplot")
## <bytecode: 0x0000000012e3c1c0>
## <environment: namespace:graphics>

This last chart indicates that (on average) hourly wage increases with age, which answers our initial question.