Question: Using the data from Problem 1.2: (a) What is the premium, in terms of average earnings, of a degree over A levels (NVQ 3)? Does

Using the data from Problem 1.2:

(a) What is the premium, in terms of average earnings, of a degree over A levels (NVQ 3)? Does this differ between men and women?

(b) Would you expect median earnings to show a similar picture? What differences, if any, might you expect?

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