Question

find a data set of size 50 - 100 published in newspapers or journals. you also may describe and conduct a survey to have your own data set ( explain and discuss your sampling methodology and any difficulties in data collection ). Describe your data and decide on one quantitative variable ( real or interval level ) and one qualitative variable to study . Write in complete sentences and explain why you choose this data set and set of variables.

Answer 1

The Topic I want to study is Personal Income of all 50 States of the United States in the years 2018. Learning about the current economic condition is the need of the hour. Choosing this subject provides data on exactly 50 pieces.

Since I am very curious to analyze the statistics for the country’s Income and improvement, I have collected the Personal Income [ in Millions of dollars] for the past two years 2018. My purpose to study this data is to check which states are getting a boost on Personal Income and which states still need consideration and funds from the government to improve its economy.

What is Personal Income by State?

The income people living in each state and the District of Columbia get from wages, proprietors' income, dividends, interest, rents, and government benefits. These statistics help assess and compare the economic well-being of state residents.

The data is collected from the website named Bureau of Economic Analysis which is an official website of the United States government. This data is collected by the Bureau of Economic Analysis from all the 50 States of the country.

When it comes to growth and development, we should start from the undeveloped areas by collecting the funds from the well- established states. That is why I am trying to study this data so that we can help our country understand what is the right place to put our money in to get a well-developed nation. For example, Some funds from the Top 5 Wealthy States can be given to the Top 5 Least developed states as this is not going to affect the Wealthy States that much as the least States will get a huge benefit from it.

The data is:

State	Personal Income[Millions of Dollars]	Year
State	Personal Income[Millions of Dollars]
		2018
Connecticut	2,66,382
Maine		64,566
Massachusetts	4,83,657
New Hampshire		83,293
Rhode Island	57,648
Vermont		33,569
Delaware		49,760
District of Columbia	57,518
Maryland		3,80,172
New Jersey	6,02,297
New York		13,41,914
Pennsylvania	7,08,862
Illinois		7,25,394
Indiana		3,12,151
Michigan		4,75,626
Ohio		5,63,926
Wisconsin	2,95,073
Iowa		1,54,091
Kansas		1,46,028
Minnesota	3,16,327
Missouri		2,85,704
Nebraska.	1,00,534
North Dakota		41,277
South Dakota	44,236
Alabama		2,06,924
Arkansas		1,28,286
Florida		10,52,550
Georgia		4,81,213
Kentucky		1,86,685
Louisiana		2,12,223
Mississippi	1,13,469
North Carolina		4,75,927
South Carolina	2,17,276
Tennessee		3,19,401
Virginia		4,85,098
West Virginia		73,278
Arizona		3,13,040
New Mexico	86,328
Oklahoma		1,81,886
Texas		14,11,021
Colorado		3,23,767
Idaho		75,703
Montana		50,055
Utah		1,43,324
Wyoming		34,719
Alaska		44,015
California		24,75,727
Hawaii		77,509
Nevada		1,46,333
Oregon		2,09,148
Washington		4,58,017