Business, 10.04.2020 20:27, zamyapritchard5
Consider a population of workers made up of 10 women and 10 men. Nine of the women earn an hourly wage of $10, while the tenth woman earns an hourly wage of $30. All ten men earn an hourly wage of $12. Which of the following statements is correct?
Group of answer choices
The female-male wage ratio is less than 1 if one uses median wages to compute the ratio and is less than 1 if one uses mean wages to compute the ratio.
The female-male wage ratio is exactly equal to 1 if one uses median wages to compute the ratio and is exactly equal to 1 if one uses mean wages to compute the ratio.
The female-male wage ratio is less than 1 if one uses median wages to compute the ratio but is exactly equal to 1 if one uses mean wages to compute the ratio.
The female-male wage ratio is exactly equal to 1 if one uses median wages to compute the ratio but is less than 1 if one uses mean wages to compute the ratio.
Answers: 1
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Consider a population of workers made up of 10 women and 10 men. Nine of the women earn an hourly wa...
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