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Assignment Content Quantitative Literacy Assignment Introduction:This assignment

February 24, 2024
Psychology

Assignment Content

  1. Quantitative Literacy Assignment
    Introduction:This assignment requires you to analyze data selected from the article Characteristics of Minimum Wage Workers, 2018 (U.S. Bureau of Labor Statistics, 2019).
    This assignment fulfills/supports:

    • Module Outcome: 1
    • Course Outcome: 2
    • General Education Competencies: 2, 4

    The Assignment:Complete the following steps:
    Step 1:Open and carefully review the attached document. Refer to Table 6 on page 3 of the document. This table shows the numbers (and percentages) of hourly workers who earn at or below minimum wage at various levels of education.
    Step 2:Using the information found in Table 6, answer the following questions:

    1. The table highlights the impact of education on wages. According to the table, what percentage of people with an Associate Degree earn at or below minimum wage?
    2. What percentage of people with a Bachelor’s Degree earn at or below minimum wage?
    3. What factors could explain these percentages?
    4. According to the table, what is the relationship between educational attainment and the percentage of hourly workers who earn at or below minimum wage?
    5. Use the Federal Minimum Wage chart (page 2 of the attached document) to answer the following questions:
    6. What is the mean of the minimum wage rates in the 1980s? 1990s? 2000s?
    7. What is the range of the minimum wage rates from 1979 until 2009?
    8. What is the median of the minimum wage rates from 1979 until 2009?

    Citing Sources: You must use APA style to reference your source(s) at the end of your submission. For this assignment, you must include reference information for your textbook. Information on how to format reference information (including a reference generator) in APA style can be found on the Purdue Online Writing Lab website at https://owl.purdue.edu/owl/research_and_citation/apa_style/apa_formatting_and_style_guide/general_format.html (opens in a new window).
    Acceptable Length: N/A
    Formatting Requirements:

    • Use 12-point Times New Roman or Arial font
    • Use double line spacing in the document
    • 1-inch margins all around

    Grading criteria: For full points, you must fully comply with each component of the Assignment Rubric.

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