Bachelor's Degree or Higher by State

Source:
Educational Attainment

Release:
Educational Attainment

Units:
Percent, Not Seasonally Adjusted

Frequency:
Annual

Available Through:
12/31/2019

Why Use:

Bachelor's degree or higher measures education levels. This indicates economic prosperity and median wages.

Suggested Treatment:

The data shows autocorrection and seasonality. The data should be differenced and seasonally adjusted.

Grain Transformation:

Data is unable to be distributed by time or geography. The roll up method used is Weighted Average.

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Bachelor's Degree or Higher by State

Auto Correction Function

Auto Correlation Function After Differencing

Partial Auto Correlation Function

Autocorrectation Analysis:

Data shows autocorrectation indicating a need for differencing

The ACF indicates 2 order differencing is appropriate.

Further differencing is reccommended

Trend Analysis:

The Kwiatkowski-Phillips-Schmidt-Shin (KPSS) test, KPSS Trend = 0.27 p-value = 0.01 indicates that the data is not stationary.

Distribution Analysis:

The Shapiro-Wilk test returned W = 0.90 with a p-value =0.14 indicating the data follows a normal distribution.

A skewness score of 0.46 indicates the data are fairly symmetrical.

Hartigan's dip test score of 0.06 with a p-value of 0.98 inidcates the data is unimodal

Statistics (Pearson P/ df, lower => more normal)

No transform
0.00
Box-cox
0.00
Log_b(x-a)
0.00
sqrt(x+a)
0.00
exp(x)
0.00
arcsinh(x)
0.00
Yeo-Johnson
0.00
OrderNorm
0.00

Data Notes:

The following states do not report for this feature: District of Columbia, South Dakota, Puerto Rico. Additionally, 2020 data is not currently available.

Citation:

U.S. Census Bureau, Bachelor's Degree or Higher, retrieved from FRED, Federal Reserve Bank of St. Louis; January 27, 2020.

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