Understanding Basic Statistics 6th Edition by Charles Henry Brase,Corrinne Pellillo Brase

Exercise 44

Education: Does College Pay Off It is costly in both time and money to go to Does it pay off According to the Census Bureau, the answer is yes. The average annual income (in thousands of dollars) of a household headed by a person with the stated education level is as follows: 16.1 if ninth grade is the highest level achieved, 34.3 for high school graduates, 48.6 for those holding associate degrees, 62.1 for those with bachelor's degrees, 71.0 for those with master's degrees, and 84.1 for those with doctoral degrees. Make a bar graph showing household income for each education level.