QUESTION 1 - ANSWER

What is the average monthly pay of respondents over the age of 40?

To obtain this answer, we need to use the means command to produce the average or mean value of the variable incmon. In addition, we need to type a qualifier, which will restrict which observations are to be included in the calculation.

To do this, let's type the following command:

means incmon if age > 40 & age~=.

The above command produces the following table:

    Variable |    Type        Obs        Mean       [95% Conf. Interval]
-------------+----------------------------------------------------------
      incmon | Arithmetic     163    1426.859        1152.709   1701.009
             |  Geometric     156    785.4031        647.9911   951.9545
             |   Harmonic     156    351.8236        263.5576   528.9802
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From the table, we can see that the average or mean monthly pay is 1,427 rand.

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