A team of researchers is interested to know whether respondents' education is related to their personal income. They conduct a comparison of means with the variable REALINC (Respondent's personal annual income, measured in dollars) as the dependent variable and DEGREE as the "Row" variable, and use a filter of YEAR (2010-2014) . The resulting analysis is shown in Figure 8.2
-The value of 16,164.88 in Figure 8.2 indicates that:
A) Approximately 16,165 respondents reported holding less than a high school degree in survey years 2012 - 2014.
B) Approximately 16% of respondents reported holding less than a high school degree in survey years 2012 - 2014.
C) Among respondents with less than a high school degree, the modal category for personal income was $16,165 per year
D) On average, respondents with less than a high school degree reported personal incomes of approximately $16,165 per year, in survey years 2012 - 2014.
Correct Answer:
Verified