Hello,
I am analysing the income (using variable INCWAGE) of people with a high school diploma as their highest degree (EDUCD = 063) and people with a bachelors degree as their highest degree (EDUCD = 101) in RStudio.
The code 999999 indicates N/A and the code 999998 indicates missing for the variable income.
My question is: When I am taking the mean of the income are 999999 and 999998 included as incomes or does RStudio recognises that these are not incomes? For the maximum income of people with a high school diploma as their highest degree (EDUCD = 063) I got 999999 as result. Does that mean that the maximum income is $999,999 or that it is N/A?
Thank you in advance for the help.