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19 February, 08:30

Number of years since

2000

% of men earning

$50,000 - $74,999

% of women earning

$50,000 - $74,999

2

20.1

13.0

3

20.2

13.3

4

20.5

14.2

5

20.7

15.1

Source: U. S. Census Bureau

Based on the data given, do you think that the percentage of women earning $50,000 to $74,999 ever catch up to the percentage of men earning $50,000 to $74,999? Explain your reasoning. You will explore this question in the next lesson so this is just a space to write down your initial thoughts.

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Answers (1)
  1. 19 February, 08:47
    0
    Yes, the percentage of women earning $50,000 to $74,999 will one day catch up to the percentage of men earning $50,000 to $74,999.

    Step-by-step explanation:

    At 2 years since 2000,

    Percentage of men earning $50,000 - $74,999 is 20.1, and

    Percentage of women earning $50,000 - $74,999 is 13.0

    At 3 years since 2000,

    Percentage of men earning $50,000 - $74,999 is 20.2, and

    Percentage of women earning $50,000 - $74,999 is 13.3

    At 4 years since 2000,

    Percentage of men earning $50,000 - $74,999 is 20.5, and

    Percentage of women earning $50,000 - $74,999 is 14.2

    At 5 years since 2000,

    Percentage of men earning $50,000 - $74,999 is 20.7, and

    Percentage of women earning $50,000 - $74,999 is 15.1

    Average Change for Men:

    (20.1 + 20.2 + 20.5 + 20.7) / 4

    = 81.5/4

    = 20.375

    Average Change for Women:

    (13.0 + 13.3 + 14.2 + 15.1) / 4

    = 55.6/4

    = 13.9

    Difference between the average percentage change and the initial percentage.

    For men:

    20.375 - 20.1 = 0.275

    For women:

    13.9 - 13.0 = 0.9

    With this data, we can say that you the percentage of women earning $50,000 to $74,999 will one day catch up to the percentage of men earning $50,000 to $74,999. This is because the percentage of women increases more rapidly than the percentage of men, and it will be only a matter of time for the percentages to coincide.
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