Comparing two countries workers income based on their highest degree and age

Leighton Durham

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hi I have these two sets of data that i need to compare to each other. My desired outcome is to be able to determine the correlation between the degree affecting the income (dose the degree you have affect the amount of income you get). As far as i know the best way to do this is via scatter plot but when i try to use them it keeps displaying numbers instead of the degree it would be great if someone could help me out with this... here is the Australian data i'm using.

Book1
ABCDEFGHIJ
1Australian Data
2(Aus)School Only(Aus)Diploma (Aus)Undergraduate (Aus)Masters(Aus)PHD
3 Age Yearly IncomeAgeYearly IncomeAgeYearly IncomeAgeYearly IncomeAgeYearly Income
430$ 35,000.00314900031$ 64,000.0028620003881000
531$ 48,000.00323900032$ 71,000.0029760003883000
632$ 40,000.00334400034$ 71,000.0031760003891000
732$ 49,000.00334500034$ 72,000.0033680003885000
833$ 38,000.00355100036$ 62,000.0035830003893000
934$ 40,000.00356200038$ 71,000.0035760003989000
1034$ 41,000.00365200038$ 64,000.0035770003989000
1134$ 41,000.00384800038$ 63,000.0035680004082000
1234$ 28,000.00385100039$ 61,000.0035740004181000
1334$ 49,000.00395400039$ 70,000.0036690004181000
1435$ 44,000.00395700040$ 69,000.0037760004190000
1535$ 49,000.00396300040$ 64,000.0037810004180000
1635$ 44,000.00395800040$ 56,000.0037740004281000
1735$ 38,000.00405800040$ 67,000.0038670004294000
1835$ 41,000.00406000041$ 61,000.0038780004287000
1935$ 50,000.00405700041$ 72,000.0038740004389000
2036$ 42,000.00406000041$ 69,000.0038700004380000
2136$ 47,000.00415900041$ 60,000.0038800004394000
2236$ 51,000.00415400042$ 67,000.0038750004394000
2336$ 35,000.00416500042$ 67,000.0039730004386000
2436$ 48,000.00416200042$ 80,000.00397400047105000
2536$ 45,000.00415700042$ 71,000.0039760004797000
2636$ 50,000.00414800042$ 60,000.00397300047105000
2737$ 46,000.00425700042$ 76,000.00409100048105000
2837$ 44,000.00425100042$ 72,000.00408200048100000
2937$ 43,000.00425500043$ 67,000.00408000048102000
3037$ 59,000.00426600043$ 68,000.00408200048106000
3138$ 49,000.00436400043$ 68,000.00418300048100000
3238$ 43,000.00435500043$ 67,000.00417800049108000
3339$ 45,000.00435200043$ 79,000.00417900049109000
3439$ 44,000.00435900044$ 62,000.00428600049103000
3539$ 74,000.00436200044$ 64,000.00428400050102000
3640$ 57,000.00446500045$ 68,000.00428500050100000
3741$ 71,000.00445200045$ 75,000.0043900005097000
3842$ 56,000.00446100045$ 81,000.0043900005097000
3942$ 50,000.00454300045$ 76,000.00439000050111000
4043$ 53,000.00456600046$ 69,000.00438200051109000
4143$ 50,000.00465400046$ 82,000.00438500051101000
4243$ 53,000.00465500046$ 70,000.00448000051101000
4344$ 44,000.00465900046$ 82,000.00449400052102000
4444$ 55,000.00465100046$ 77,000.0044780005299000
4544$ 51,000.00466200047$ 72,000.00448500052102000
4644$ 46,000.00474200047$ 82,000.0044750005291000
4745$ 66,000.00475600048$ 93,000.0045870005299000
4845$ 49,000.00486200048$ 84,000.00458000053104000
4945$ 63,000.00494100048$ 94,000.0045890005390000
5045$ 54,000.00496500048$ 87,000.0045900005393000
5146$ 59,000.00496300048$ 86,000.0045850005390000
5246$ 64,000.00506600049$ 82,000.00458900054101000
5347$ 70,000.00505300049$ 91,000.0045940005493000
5447$ 48,000.00515800049$ 73,000.00469000054104000
5548$ 65,000.00514900049$ 88,000.0046840005497000
5648$ 64,000.00516200049$ 86,000.00467800055100000
5748$ 56,000.00525900049$ 84,000.00469100055104000
5848$ 48,000.00525700050$ 72,000.0047800005596000
5948$ 57,000.00524900050$ 90,000.00478400055103000
6049$ 56,000.00526100050$ 83,000.0048830005596000
6149$ 48,000.00536100050$ 80,000.00499000056103000
6249$ 43,000.00534200050$ 91,000.0050830005693000
6350$ 49,000.00535000050$ 86,000.00519400057102000
6450$ 49,000.00545600051$ 90,000.00518100060102000
6550$ 76,000.00556600052$ 85,000.00529100060100000
6651$ 63,000.00556000052$ 82,000.0053820006199000
6751$ 35,000.00555700052$ 93,000.00538500061105000
6851$ 40,000.00566400052$ 89,000.0054780006199000
6951$ 63,000.00576400053$ 87,000.0054720006299000
7051$ 53,000.00577000054$ 93,000.00549000062100000
7152$ 37,000.00576000054$ 84,000.00547900062101000
7252$ 58,000.00586800056$ 92,000.0054760006293000
7352$ 46,000.00586400056$ 94,000.00559100062102000
7452$ 61,000.00586800056$ 91,000.00557700062100000
7553$ 60,000.00585800056$ 89,000.0055920006395000
7653$ 65,000.00596100057$ 92,000.0055930006399000
7754$ 58,000.00596300057$ 83,000.00558400064102000
7854$ 57,000.00596500057$ 88,000.0056830006499000
7955$ 55,000.00596200057$ 69,000.00567800064101000
8055$ 59,000.00596400057$ 78,000.0056850006499000
8156$ 60,000.00596400058$ 91,000.00569200065101000
8256$ 59,000.00596600058$ 91,000.0056820006597000
8357$ 59,000.00596000058$ 96,000.0057770006597000
8457$ 53,000.00596000058$ 81,000.005869000
8557$ 63,000.00606900058$ 101,000.005879000
8657$ 65,000.00606300059$ 93,000.005872000
8757$ 61,000.00606900059$ 82,000.005896000
8858$ 47,000.00606100059$ 108,000.005867000
8958$ 55,000.00606100059$ 92,000.005875000
9058$ 64,000.00605900059$ 89,000.005970000
9158$ 58,000.00606200059$ 78,000.005985000
9259$ 57,000.00606500060$ 75,000.005996000
9359$ 51,000.00616900060$ 76,000.005994000
9459$ 58,000.00615800060$ 85,000.005984000
9559$ 55,000.00626800060$ 91,000.006081000
9659$ 52,000.00636100060$ 85,000.006064000
9760$ 62,000.00636100060$ 80,000.006073000
9860$ 46,000.00645200060$ 90,000.006097000
9960$ 65,000.00646200060$ 97,000.006187000
10061$ 60,000.00656400061$ 81,000.00
10162$ 71,000.00655400061$ 74,000.00
10263$ 70,000.0061$ 84,000.00
10364$ 69,000.0063$ 102,000.00
Sheet1
 

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How to calculate loan payments in Excel?
Use the PMT function: =PMT(5%/12,60,-25000) is for a $25,000 loan, 5% annual interest, 60 month loan.
1615240578330.png

Create another column next to each segment and use that as your Label cell reference. But I wouldnt recommend that as you see it gets really busy in the graph. Just going with the color coding is the correct approach for this (second graph)
For your reference see below search results on how to:
 
Upvote 0
View attachment 33805
Create another column next to each segment and use that as your Label cell reference. But I wouldnt recommend that as you see it gets really busy in the graph. Just going with the color coding is the correct approach for this (second graph)
For your reference see below search results on how to:
no sorry i may not have been clear on this but i need to have the names of the degree at the bottom of the graph and have the data points collect in the spaces of the graph corresponding to the degree if that makes sense... like this
1615250569181.png
 
Upvote 0
1615255342318.png

You can do a panel chart. Basically have to put everything in one long table and do a "insert Pivot table and chart" with Degree and Age in Rows, separator in Columns and Income in Values. Hope this helps
 
Upvote 0

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