Now you will type your findings for the week. First you need to write your interpretation sentences for each of the confidence intervals (There should be 6 total). This can be written in the form: We are __% confident that the average income for _______ is between _______. Next you need to discuss what happened to the confidence intervals as you increased the confidence level. Then compare the confidence intervals across the 3 variables (overall, White and Black). Are there differences in the average income for individuals based on their race?
The state government is considering raising the minimum wage from 15$ per hour over the next 3 years. As an economic advisor to the governor, you have be
The state government is considering raising the minimum wage from 15$ per hour over the next 3 years. As an economic advisor to the governor, you have been asked to provide a recommendation on whether the minimum wage should be increased based on economic theory. Consider the labor market provided.?