- #1
Economics2012
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Joint Distribution (Means,Medians...) PLEASE HELP!
Hi, I'm wondering if somebody could help me understand this...
If you have a joint distribution with
Hourly Wage (Y)
Years of Education (X) 9 15 30
10 0.07 0.02 0.01
14 0.10 0.30 0.10
16 0.02 0.10 0.28Sorry the 0.07,0.10 and 0.02 are under the 9 and the 0.02,,0.30 and 0.10 are under 15 etc.
How would you find the mean,median or st dev?
I'm so very confused with this stuff?
Any help would be greatly appreciated?
Hi, I'm wondering if somebody could help me understand this...
If you have a joint distribution with
Hourly Wage (Y)
Years of Education (X) 9 15 30
10 0.07 0.02 0.01
14 0.10 0.30 0.10
16 0.02 0.10 0.28Sorry the 0.07,0.10 and 0.02 are under the 9 and the 0.02,,0.30 and 0.10 are under 15 etc.
How would you find the mean,median or st dev?
I'm so very confused with this stuff?
Any help would be greatly appreciated?
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