Help me study for my Statistics class. I’m stuck and don’t understand.
Analyzing the average wage differences between male andfemale workers. Are male workers earning more relative to
a.Controlling for the variable Female, construct a summary statistics(mean, standard deviation) table that contrasts the variable Hwage, Educ, Exper, and Union for male and female workers. Report your results in Table 3 below. Briefly interpret your findings.
b.Is there a wage difference between male and female workers? Explain. (Use Table 3 to report your results)