Overview
- Collect data about (Wages) Average Hourly Earnings of All Employees: Total Private (5 Points)
- https://fred.stlouisfed.org
- Frequency: Monthly
- Range: Jan. 2020 - up-to-date
- Aggregation method: NA
- Units: Dollars per Hour, Seasonally Adjusted
- Your assignment should be in Excel (XLS or XLSX formats).
- Use "column format" to present your data.
- Create a time-series graph based on your data. (5 Points)
- Provide statistical description of the data (Minimum, Maximum, Average, Range, and the most recent value). (5 Points)
- Interpret your data based on the economic concepts you learned from the chapter. (5 Points)
Assignment should be submitted via Canvas using the “Attach File” function.