Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Education vs unemployment and employment rates
1.
2. EDUCATION VS UNEMPLOYMENT AND EMPLOYMENT RATES SERENE WONG PERIOD 2 ELLIOT JUNE0809
3.
4.
5.
6.
7.
8.
9.
10. DATA COLLECTION 75.3 % 3.6 % 10 Earned doctorate 76.2 % 4.5 % 9 Master’s degree 78.9 % 2.6 % 8 Degree in medicine, dentistry, veterinary medicine or optometry 73.6 % 4.2 % 7 University certificate or diploma above bachelor level 77.2 % 4.7 % 6 Bachelor’s degree 67.1 % 5.2 % 5 University certificate or diploma below bachelor level 74.2 % 5.0 % 4 College, CEGEP or other non-university certificate or diploma 68.1 % 6.2 % 3 Apprenticeship or trades certificate or diploma 63.8 % 7.3 % 2 High school certificate or equivalent 38.1 % 11.1 % 1 No certificate, diploma or degree EMPLOYMENT RATE UNEMPLOYMENT RATE EDUCATION LEVEL
11.
12. ONE VARIABLE ANALYSIS INDEPENDENT VARIABLE LEVEL OF EDUCATION ACHIEVED DATA: a ranking from 1-10 based on level of education Q 1 – 1.5(IQR) = -4.5 Outliers < -4.5 Q 3 + 1.5 (IQR) = 15.5 Outliers > 15.5 There are no Outliers OUTLIER CALCULATIONS 2.5 % SIQR 5 % IQR 8 % Q 3 3 % Q 1 0.54 Z – SCORES 8.25 VARIANCE 2.872 STANDARD DEVIATION 10 % MAXIMUM 1 % MINIMUM 9 % RANGE N/A MODE 5.5 % MEDIAN 5.5 % MEAN
13.
14. ONE VARIABLE ANALYSIS DEPENDENT VARIABLE : UNEMPLOYMENT MEAN = 5.44%. This means that the average unemployment in Canada is 5.44%. However, the average unemployment rate in Canada is 6.0% in 2007. But in 2008, the unemployment rate rose to 8.0%, possibly due to the oncoming recession at that time. Therefore, the mean rate that is calculated from the set of data is actually lower than the statistical unemployment rate and is not actually that high. Q 1 – 1.5(IQR) = 2.7 % Outliers < 2.7 Q 3 + 1.5 (IQR) = 7.7 % Outliers > 7.7 % 2.6 % and 11.1 % are outliers OUTLIER CALCULATIONS 1% SIQR 2 % IQR 6.2 % Q 3 4.2 % Q 1 0.898 Z – SCORES 5074 VARIANCE 2.25 STANDARD DEVIATION 11.1 % MAXIMUM 2.6 % MINIMUM 8.5 % RANGE N/A MODE 5.1 % MEDIAN 5.44 % MEAN
15.
16. ONE VARIABLE ANALYSIS DEPENDENT VARIABLE : EMPLOYMENT Canada’s statistical employment rate is 63.6% as of 2008. The calculated mean in this case study is 69.25%, which indicates that the theoretical employment rate is higher than it actually is. Q 1 – 1.5(IQR) = 53.45 % Outliers < 53.45 % Q 3 + 1.5 (IQR) = 89.95 % Outliers > 89.95 % 38.1 % is an outlier OUTLIER CALCULATIONS 1% SIQR 2 % IQR 6.2 % Q 3 4.2 % Q 1 -0.459 Z – SCORES 129.05 % VARIANCE 11.36 % STANDARD DEVIATION 78.9 % MAXIMUM 38.1 % MINIMUM 40.8 % RANGE N/A MODE 74.75 % MEDIAN 69.25 % MEAN