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πŸ“Š Wage Data Analysis (EDA & Regression)

πŸ” Overview

This project performs Exploratory Data Analysis (EDA) on wage data to understand how socio-economic factors such as education, experience, gender, and marital status influence hourly wages.

βš™οΈ Tools & Technologies

  • Python
  • Pandas, NumPy
  • Matplotlib, Seaborn
  • Statsmodels

πŸ“ˆ Analysis Performed

  • Data cleaning & handling missing values
  • Descriptive statistics
  • Data visualization (histograms, boxplots, heatmaps)
  • Correlation analysis
  • Hypothesis testing (Chi-square, T-test)
  • Regression modeling

πŸ“Š Key Insights

  • Education and work experience positively impact wages
  • Wage distribution is right-skewed with outliers
  • Gender-based wage differences observed
  • Regression model explains significant variation in wages

πŸ“ Project Files

  • wage_eda.ipynb β†’ Full analysis notebook
  • wage.xlsx β†’ Dataset
  • Wage_EDA.pdf β†’ Detailed report

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EDA and regression analysis on wage data using Python

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