Big Data Analysis and Investigation on Influential Factors on United States Public Incomes under Information Digitization

Authors

  • Bohua Cheng
  • Bowei Cheng

DOI:

https://doi.org/10.54691/bcpbm.v45i.4827

Keywords:

data science, statistics, R language programming.

Abstract

There are multiple factors influencing the income level of the public, such as education, gender, race. To investigate this issue, an adult census income dataset was analyzed. The data was collected by the United States Census Bureau [1]. The research primarily focuses on the influence of years of education, age, race, and sex on the public income. The result from statistical analysis shows strong relationships between income and age, race, sex, and years of education. Age affects income; senior people tend to get higher income than junior people. Sex affects income; men tend to get higher income than women. Race also affects income; white and Asian tend to get higher income than other people in United States.

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References

Bureau, US Census. “Census.gov Homepage.” Census.gov, 23 Dec. 2021, http://www.census.gov/en.html.

York, Erica. “Average Income Tends to Rise with Age: Measuring Income Inequality.” Tax Foundation, Tax Foundation, 31 July 2020, https://taxfoundation.org/average-income-age/

Financial Samurai, et al. “Income by Race: Why Is Asian Income so High?” Financial Samurai, 5 Oct. 2021, https://www.financialsamurai.com/income-by-race-why-is-asian-income-so-high/.

McWhorter, John. “Black People Should Stop Expecting White America to 'Wake up' to Racism.” The Daily Beast, The Daily Beast Company, 14 Apr. 2017, https://www.thedailybeast.com/black-people-should-stop-expecting-white-america-to-wake-up-to-racism.

Learning, UCI Machine. “Adult Census Income.” Kaggle, 7 Oct. 2016, https://www.kaggle.com/uciml/adult-census-income.

Peck, Roxy, et al. Introduction to Statistics and Data Analysis. Cengage, 2020.

Weissmann, Jordan. “Why Are Women Paid Less?” The Atlantic, Atlantic Media Company, 13 Jan. 2014, https://www.theatlantic.com/business/archive/2012/10/why-are-women-paid-less/263776/

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Published

2023-04-27

How to Cite

Cheng, B., & Cheng, B. (2023). Big Data Analysis and Investigation on Influential Factors on United States Public Incomes under Information Digitization. BCP Business & Management, 45, 1-10. https://doi.org/10.54691/bcpbm.v45i.4827