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Education Vs. Weekly Earnings Asia Yisrael 5th Period
U.S. Department of Labor and Statistics Median Weekly Earnings in 2010 Based on Education levels. $444 Less than a High School Diploma $626 High School Diploma $712 Some College, no Degree $767 Associate Degree $1,038 Bachelor's Degree $1,272 Mastor's Degree $1,610 Proffesional Degree $1,550 Doctorial Degree
y=-1104.87+140.48x Slope=140.48 y-int=-1104.875 C.C.=+0.5
Conclusion <ul><li> There is a positive relationship between the x and y values. The relationship isn't very strong or very weak because only at at the end of the scatter plot does the y go down when the x goes up. The rate of change or slope is telling me that there is a significant difference in amount of money earned per week as education levels increase. The difference in money between not graduating HS and only graduating is $182.00 a week, but the diference between only graduating and getting a Bachelor's Degree is $412.00 a week. After seeing this data I am even more happy that dropping out of HS is never an option for me. Depending on the field of work I want to go into, and how long I go to college for that fielld, I now know how much money i could possibly make every single week. </li></ul>