Question: Look at the descriptive statistics for the continuous variables in the CPS Wage data set. Do you suspect any incorrect data? If so , how
Look at the descriptive statistics for the continuous variables in the CPS Wage data set.
Do you suspect any incorrect data?
If so how would you deal with it
What are the pros and cons of that decision?
We cant have missing values when we run correlations and regression.
If you were missing years of experience for people in the CPS Wage data sample, what would you do
What are the pros and cons of that decision?
Would your recommendation change it if was for people?
Would your recommendation change if you were missing values for wage? Why or why not?
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