The file wage2 contains information on monthly wage earnings of working men in 1

Question

The file wage2 contains information on monthly wage earnings of working men in 1980 taken from Blackburn and Neumark (1992). The education variable represents the number of years of schooling with a value of 12 indicating a high school graduate.
Using the formulas for the sample average, sample variance, sample standard deviation, sample
covariance, and sample correlation coefficient
i. Average Age and average Experience
ii. Variance of Age and variance of Experience
iii. Standard deviation of Age and Standard deviation of Experience
iv. Covariance(Age, Experience)
v. The correlation coefficient for Age and Experience. Interpret your results.

Explanation / Answer

Please post the whole question. These figurs are not mentioned in the question. represents the number of years of schooling with a value of 12 indicating a high school graduate. Please repost with full question.

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