Question

In: Statistics and Probability

Download data.unemployment.xlsx. Unemployment figures recorded for recent college graduates. Do unemployment figures differ by college/undergraduate major...

Download data.unemployment.xlsx. Unemployment figures recorded for recent college graduates. Do unemployment figures differ by college/undergraduate major category? How so? Perform a full One-way ANOVA Analysis!

Major_Category Unemployment_Rate
Agriculture & Natural Resources 0.096931
Agriculture & Natural Resources 0.050031
Agriculture & Natural Resources 0.019642
Agriculture & Natural Resources 0.07725
Agriculture & Natural Resources 0.066619
Agriculture & Natural Resources 0.096726
Agriculture & Natural Resources 0
Agriculture & Natural Resources 0.045455
Agriculture & Natural Resources 0.050862
Agriculture & Natural Resources 0.059767
Arts 0.060023
Arts 0.089375
Arts 0
Arts 0.02948
Arts 0.096798
Arts 0.072725
Arts 0.051467
Arts 0.105772
Arts 0.07596
Arts 0.084186
Arts 0.067128
Arts 0.102197
Arts 0.089552
Arts 0.055677
Arts 0.077541
Business 0.095652
Business 0.05824
Business 0.047859
Business 0.060686
Business 0.096448
Business 0.069749
Business 0.072861
Business 0.096175
Business 0.071983
Business 0.072218
Business 0.061215
Business 0.05957
Business 0.061169
Computers & Mathematics 0.063173
Computers & Mathematics 0.047277
Computers & Mathematics 0.09346
Computers & Mathematics 0.060741
Computers & Mathematics 0.086274
Computers & Mathematics 0.090823
Computers & Mathematics 0
Computers & Mathematics 0.113983
Computers & Mathematics 0.099723
Computers & Mathematics 0.15185
Computers & Mathematics 0.119511
Education 0.107579
Education 0.041508
Education 0.05736
Education 0.054083
Education 0.016203
Education 0
Education 0.050306
Education 0.059212
Education 0.052229
Education 0.038638
Education 0.046586
Education 0.047264
Education 0.074667
Education 0.036546
Education 0.040105
Education 0.104946
Engineering 0.018380527+B67:B95
Engineering 0.117241
Engineering 0.024096
Engineering 0.050125
Engineering 0.061098
Engineering 0.177226
Engineering 0.057342
Engineering 0.059174
Engineering 0.065409
Engineering 0.065162
Engineering 0.092084
Engineering 0.023043
Engineering 0.006334
Engineering 0.087143
Engineering 0.042876
Engineering 0.059824
Engineering 0.061931
Engineering 0.087557
Engineering 0.027789
Engineering 0.07061
Engineering 0.074393
Engineering 0.093589
Engineering 0.05503
Engineering 0.075038
Engineering 0.028308
Engineering 0.033652
Engineering 0.113332
Engineering 0.052539
Engineering 0.056357
Health 0.044863
Health 0.036983
Health 0.042507
Health 0.055521
Health 0.081411
Health 0.068701
Health 0.089626
Health 0.112144
Health 0.06978
Health 0.059821
Health 0.082102
Health 0.047584
Humanities & Liberal Arts 0.099092
Humanities & Liberal Arts 0.096799
Humanities & Liberal Arts 0.07308
Humanities & Liberal Arts 0.047179
Humanities & Liberal Arts 0.101175
Humanities & Liberal Arts 0.113459
Humanities & Liberal Arts 0.063429
Humanities & Liberal Arts 0.097244
Humanities & Liberal Arts 0.095667
Humanities & Liberal Arts 0.075566
Humanities & Liberal Arts 0.083634
Humanities & Liberal Arts 0.084951
Humanities & Liberal Arts 0.104436
Humanities & Liberal Arts 0.092306
Humanities & Liberal Arts 0.096052
Humanities & Liberal Arts 0.087724
Humanities & Liberal Arts 0.078268
Humanities & Liberal Arts 0.103455
Humanities & Liberal Arts 0.060298
Humanities & Liberal Arts 0.068584
Humanities & Liberal Arts 0.062628
Humanities & Liberal Arts 0.102792
Humanities & Liberal Arts 0.107116
Humanities & Liberal Arts 0.081742
Psychology & Social Work 0.108787
Psychology & Social Work 0.02965
Psychology & Social Work 0.083811
Psychology & Social Work 0.068828
Psychology & Social Work 0.051908
Psychology & Social Work 0.037819
Psychology & Social Work 0.065112
Psychology & Social Work 0.149048
Psychology & Social Work 0.053621
Science 0.021167
Science 0.07154
Science 0.048224
Science 0.085532
Science 0.056995
Science 0.075236
Science 0.084361
Science 0.034118
Science 0.035354
Science 0.053972
Science 0.066776
Science 0.080531
Science 0
Science 0.075449
Science 0.024374
Science 0.078585
Science 0.055807
Science 0.069163
Science 0.048482
Science 0.022229
Science 0.058545
Science 0.070725
Science 0.054475
Science 0.04632

Solutions

Expert Solution

One-way ANOVA: Unemployment_Rate versus Major_Category

Method

Null hypothesis         All means are equal
Alternative hypothesis At least one mean is different
Significance level      ? = 0.05
Rows unused             1

Equal variances were assumed for the analysis.


Factor Information

Factor          Levels Values
Major_Category      10 Agriculture & Natural Resources, Arts, Business, Computers &
                        Mathematics, Education, Engineering, Health, Humanities & Liberal
                        Arts, Psychology & Social Work, Science


Analysis of Variance

Source                DF   Adj SS    Adj MS      F-Value P-Value
Major_Category    9   0.02152 0.002391    3.07   0.002
Error                  152   0.11828 0.000778
Total                 161 0.13980


Model Summary

        S    R-sq R-sq(adj) R-sq(pred)
0.0278949 15.40%     10.39%       3.00%


Means

Major_Category                     N     Mean    StDev        95% CI
Agriculture & Natural Resources   10 0.05633 0.03081 (0.03890, 0.07376)
Arts                              15 0.07053 0.02839 (0.05630, 0.08476)
Business                          13 0.07106 0.01588 (0.05578, 0.08635)
Computers & Mathematics           11   0.0843   0.0407 ( 0.0676, 0.1009)
Education                         16 0.05170 0.02732 (0.03792, 0.06548)
Engineering                       28 0.06494 0.03454 (0.05452, 0.07535)
Health                            12 0.06592 0.02243 (0.05001, 0.08183)
Humanities & Liberal Arts         24 0.08653 0.01731 (0.07528, 0.09778)
Psychology & Social Work           9   0.0721   0.0374 ( 0.0537, 0.0904)
Science                           24 0.05491 0.02272 (0.04367, 0.06616)

Pooled StDev = 0.0278949

p-value = 0.002 <0.05

hence there is signifificant evidence that unemployment figures differ by college/undergraduate major category


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