Question
PLEASE ANSWER QUESTION IN IT'S ENTIRETY. IF YOU CANNOT ANSWER THE COMPLETE QUESTION THEN PLEASE DO NOT ANSWER IT AS I NEED THE COMPLETE ANSWER.
PLEASE ANSWER QUESTION IN IT'S ENTIRETY. IF YOU CANNOT ANSWER THE COMPLETE QUESTION THEN PLEASE DO NOT ANSWER IT AS I NEED THE COMPLETE ANSWER. THANK YOU FOR YOUR HELP BUT I NEED THE COMPLETE QUESTION ANSWERED.
In Excel Data Document,below, the table shows inflation rate and the average salary of an administrative staff of Alexandra College from year 1992 to year 2012. Does the change in staff wage follow the inflation rate shown in the data file? If not then what is the average different between the change in staff wage and inflation rate? What was the maximum change in staff wage and in which year was that change observed? What was the minimum change in staff wage and in which year was the change observed?
Year | Inflation rate | Average admistrative staff wage | |||
1992 | 4.3 | 1800 | |||
1993 | 2.5 | 1854 | |||
1994 | 2 | 1947 | |||
1995 | 2.6 | 2000 | |||
1996 | 2.5 | 2065 | |||
1997 | 1.8 | 2147 | |||
1998 | 1.6 | 2255 | |||
1999 | 1.3 | 2322 | |||
2000 | 0.8 | 2462 | |||
2001 | 1.2 | 2486 | |||
2001 | 1.3 | 2511 | |||
2003 | 1.4 | 2611 | |||
2004 | 1.3 | 2664 | |||
2005 | 2.1 | 2797 | |||
2006 | 2.3 | 2880 | |||
2007 | 2.3 | 2967 | |||
2008 | 3.6 | 3000 | |||
2009 | 2.1 | 3110 | |||
2010 | 3.29 | 3225 | |||
2011 | 4.48 | 3330 | |||
2012 | 2.83 | 3355 | |||
Source Inflation: http://www.whatsthecost.com/historic.cpi.aspx | |||||
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started