The Dataset Comprises 534 Observations Across 11 Variables
The Dataset Comprises 534 Observations Across 11 Variables
2. Value Labels for Categorical Variables: For categorical variables like SOUTH, SEX,
RACE, OCCUPATION, SECTOR, and MARR, providing the mapping of coding
values to their corresponding categories as below:
1) SOUTH: Indicator variable for Southern Region (1=Person lives in South,
0=Person lives elsewhere).
2) SEX: Indicator variable for sex (1=Female, 0=Male).
3) EXPERIENCE: Number of years of work experience.
4) UNION: Indicator variable for union membership (1=Union member, 0=Not
union member).
5) WAGE: Wage (dollars per hour).
6) AGE: Age (years).
7) RACE: Race (1=Other, 2=Hispanic, 3=White).
8) OCCUPATION: Occupational category (1=Other, 2=Management, 3=Sales,
4=Clerical, 5=Service, 6=Professional).
9) SECTOR: Sector (0=Other, 1=Manufacturing, 2=Construction).
10) MARR: Marital Status (0=Unmarried, 1=Married)
It enhances readability and interpretation of the data. Overall, the Description of Data
tab provides essential information for users to understand and analyse the dataset
effectively. It also ensures transparency, facilitates proper interpretation, and enables
users to make informed decisions during analysis.
3.
The Occupation variable in the CPS wage data from the Current Population Survey of 1985
initially consisted of a range of occupations, including Management, Sales, Clerical, Service,
Professional and Other. The decision to recode the Occupation variable into specific
categories was made to streamline analysis and enhance the clarity of occupational
classifications within the dataset. By organizing occupations into broader groups, such as
Management, Sales, Clerical, Service, and Professional, we aimed to identify trends, patterns,
and disparities across different occupational sectors. However, it became evident during the
recoding process that certain occupations did not neatly fit into the predefined categories.
These occupations either represented niche professions, specialized roles, or were less
common within the dataset. To accommodate these unique occupations and ensure
comprehensive representation, we introduced an "Other" category.
The "Other" category serves as a repository for occupations that fall outside the primary
classifications of Management, Sales, Clerical, Service, and Professional. Examples of
occupations included in the "Other" category may include but are not limited to:
Artisans
Technicians
Seasonal workers
The decision to include an "Other" category was guided by the need to maintain the integrity
and inclusivity of the dataset. By acknowledging the diversity of occupations and providing a
designated category for less conventional roles, we aim to capture the full spectrum of
employment within the CPS wage data. The recoding process was conducted systematically,
taking into account the nature of each occupation and its alignment with the predefined
categories.