Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please, help me with this one I hope this helps Investigating Labor Statistics Portfolio You will need to use the labor statistics document as a

please, help me with this one I hope this helps

image text in transcribed
Investigating Labor Statistics Portfolio You will need to use the labor statistics document as a reference during this portfolio assessment. Complete the table and then answer the following questions relating to the information. 1. what is your yearly median income based on your current educational level? $16,841.22 I took $323 and multiplied it by 52.14 because that's how many weeks are in a year. 2. What is your hourly median income when you obtain your high school diploma but before you start any further education assuming a 40 hour work week? $11.47 I took $459 and divided it by 40 3. What is your monthly median income for the educational degree goal? $3,020 I took $755 and multiplied it by 4 because that's how many weeks are in a month. 4. Assuming that this document is from data collected for 2002, what would you infer about median income levels now? I'm not sure. I'm guessing they would be higher since the population keeps increasing. Be sure to include in your response: Answers to the original questions. An explanation for how you calculated the amounts for questions 13. A logical explanation for question 4. _ Median Weekly Income Based on $323 Current High School Level Median Weekly Income for High School Graduate, No College Difference in Median Weeklyr Income $459 $323 = $136 Median Weekly Income Based on Educational Degree Goal Difference In Median Weekly Income $755 - $459 = $295 Between High School Graduate, No College and Educational Degree Goal

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

A Course In Number Theory

Authors: Mofidul Islam

1st Edition

9353147069, 9789353147068

More Books

Students also viewed these Mathematics questions

Question

Do not get married, wait until I come, etc.

Answered: 1 week ago

Question

Do not come to the conclusion too quickly

Answered: 1 week ago

Question

Engage everyone in the dialogue

Answered: 1 week ago