The following table will show you some of my findings...and trust me there are a lot more, if I had more time
I could have found more for sure.
So...since most of us are post graduate students, I though I would tell you the best
places to work...at least in 1994/95.
The best money is in the private sector...basically working for MicroSoft or something.
But if you can't get in there try either the local or state governments...and then federal.
However, if you are good enough you can be self employed and make a heck of a lot in
capital gains, so maybe that is your route.
Though don't expect the really big bugs unless you are lucky :).
Also the data shows that a lot of post graduates played the stock market and made money in
1994 and 95.
- Both years.
- All data post graduates.
- With various employment sectors highlighted.
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Private Sector
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Local Government
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State Government
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Federal Government
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Self Employed
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Top view
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Side view
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Clear pattern in the age/weeks worked and occupation type. It is not just random (which I did not expect).
This means that the occupation number must have some sort of pattern to them.
Also the side view shows that age, weeks worked and occupation number don't have a large impact on wage,
except for the very old ages...around retirment time, which is to be expected.
- All Data from 1995
- Axes = Wage, Weeks, Age
- Color = Occupation
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Same patterns as in 1995 for the most part, just the highest wage was in a different position causing the spike
to be in a different place.
- All Data from 1994
- Axes = Wage, Weeks, Age
- Color = Occupation
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White Females
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Black Females
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Black females overall have lower wages than white females.
More details:
25% of white females have a college degree of some sort.
Less than 1% of white females have a post graduate degree.
16% of black females have a college degree of some sort.
3% of black females have a post graduate degree.
- All female data.
- Highlighting either white or black females respectively.
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Married
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Widowed
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Never Married
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Seperated or Divorced
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Married women who are still with their spouses actually make higher wages overall than the other
groups. Never married women also make slightly higher overall wages than the other seperated/divorced
and widowed. Widowed make the lowest salaries. Some of these results are expected where as others are
not, I expected married women to actually be making less money than never married...but...the data
says otherwise.
- All female data.
- Highlighting various marital statuses.
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The wage is mostly in the lower amounts, though they seem to be getting a good amount of stock dividends.
Also their capital losses are lower. Another peculiar pattern is that their occupations seem to be
clustered in the lower numbers.
- All female data.
- Highlighting post graduate female data.
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3D Graph
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Splat
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Men have higher capital gains for the higher occupation numbers...as seen by the clustering
on the top right of reds. Not exactly sure what this means, but there is definitely a pattern.
Also these show the difference between 3D Graph and Splat views (graph is finer than splat).
- Both years.
- Axes = Occupation, Gains, Zero Axis
- Highlighting female data.
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Married
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Never Married
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Seperated or Divorced
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Widowed
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There are a lot of patterens that are clearly visible here.
First off, it shows a clear age difference in the higher wage people who are married
and those who have never married. This could mean that either people who make a lot
of money get married at an older age or that they don't live as long...
Another clear pattern is the age in the widowed individuals...as expected they are older
and their wage range though high is not among the top most...and they don't have as
many stock dividends...maybe they don't like to invest in the future?
Again as expected...those who are divorced or separated are right in the middle aged group.
I am guessing they either die off or more likely get remarried later in life.
- Both years.
- Only high wages.
- Highlighting various data.
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No real pattern in capital gains vs. wage, weeks worked, or age. Kind of unexpected because I was
thinking that atleast age or wage would have an effect on this. Found this a bit odd...
Also this demonstrates a good use of the 3D Graph.
- Both years.
- Axes: Wage, Weeks worked, Age
- Coloring by capital gains.
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48.1% of indian males over 21 are post graduates! (however they don't make much money :(...in 1994/95).
Though my guess is that its because they didn't fill it in...I hope.
- Both years.
- Indian males over 21.
- Post graduates highlighted.
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Male post graduates make money but are not in the highest levels...lots of stock dividends though!
- Both years.
- Males.
- Post graduates highlighted.
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Ages 21 through 25
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All Ages
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Females in the range of 21 and 25 years of age make less money then males, but this pattern
does not continue through out life.
- Both years.
- Various age ranges.
- Females highlighted.
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White people are the most active old people...granted there aren't as many of the other
races, but white people's occupations are far more dispersed. Asians and Blacks do have some occupations.
Also none of the other races have any stock dividends...which I find pretty peculiar.
- Both years.
- All data for old people.
- With various races highlighted.
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White
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Other
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American Indian
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Asian / Pacific Islander
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Black
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