Question: 3. Our data includes wage and total experience (ttl_exp). Both are continuous variables. Use this table to answer the following questions. [3 Marks] ttest wage

3. Our data includes wage and total experience (ttl_exp). Both are continuous variables. Use this table to answer the following questions. [3 Marks] ttest wage ttl_exp, unpaired Two-sample t test with equal variances Variable Obs Mean Std. Err. Std. Dev. 5.755523 [95% Conf. Interval] 2,246 7.766949 .1214451 7.528793 8.005105 wage ttl_exp combined 12.53498 .0972782 4.610208 12.34421 12.72574 2,246 4,492 10.15096 .0855405 5.733128 9.983261 10.31866 diff -4.768028 .1556019 -5.073084 -4.462971 diff mean (wage) mean(ttl_exp) t-30.6425 Ho: diff = 0 degrees of freedom = 4490 Ha: diff <0 findings

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