QUESTION IMAGE
Question
consider the data displayed in the following figure. median annual earnings (2019) of full - time workers by educational attainment and gender ages 25 and up. earnings for men with a bachelors degree are ------- higher than for women with a bachelors degree. (round to one decimal place) 19.7% 34.2% 30.1% 25.5%
Step1: Identify men and women bachelor - degree earnings
From the bar - chart, median annual earnings for men with a bachelor's degree is $67,990 and for women with a bachelor's degree is $52,295.
Step2: Calculate the difference
The difference in earnings is $67990 - 52295=15695$.
Step3: Calculate the percentage difference
The formula for percentage difference is $\frac{\text{Difference}}{\text{Women's earnings}}\times100\%$. So, $\frac{15695}{52295}\times 100\%\approx 29.99\% \approx 30.0\%$.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
30.1%