Question

in 2013 the median weekly earnings of young adults with bachelor degrees were $1108. This represents a 43% increase over the weakly median earnings of young adults with associate degrees. Find the median weekly earnings of young adults with associate degrees in 2013. Round to the nearest whole dollar.

Answer 1

Round to the nearest whole dollar, the median weekly earnings of young adults with associate degrees in 2013 were $ 775.

Explanation:

Given that in 2013 the median weekly earnings of young adults with bachelor degrees were $ 1108, and this represents a 43% increase over the weakly median earnings of young adults with associate degrees, to determine the median weekly earnings of the latter, the following must be done calculation:

X x 1.43 = 1108

X = 1108 / 1.43

X = 774.82

Therefore, round to the nearest whole dollar, the median weekly earnings of young adults with associate degrees in 2013 were $ 775.