Question
The median weekly income for a male with some college is $951. The median weekly income for a female with some college is $717.
How much is the difference in yearly median income for a female versus a male with some college education?
How much is the difference in yearly median income for a female versus a male with some college education?
Answers
GPT-4o mini
To find the difference in yearly median income for a female versus a male with some college education, we first need to convert the weekly incomes into yearly incomes.
1. Calculate the yearly income for a male:
\[
\text{Yearly income for males} = \text{Weekly income} \times 52 = 951 \times 52 = 49,452
\]
2. Calculate the yearly income for a female:
\[
\text{Yearly income for females} = \text{Weekly income} \times 52 = 717 \times 52 = 37,284
\]
3. Now, find the difference in yearly median income:
\[
\text{Difference} = \text{Yearly income for males} - \text{Yearly income for females} = 49,452 - 37,284 = 12,168
\]
Thus, the difference in yearly median income for a female versus a male with some college education is **$12,168**.
1. Calculate the yearly income for a male:
\[
\text{Yearly income for males} = \text{Weekly income} \times 52 = 951 \times 52 = 49,452
\]
2. Calculate the yearly income for a female:
\[
\text{Yearly income for females} = \text{Weekly income} \times 52 = 717 \times 52 = 37,284
\]
3. Now, find the difference in yearly median income:
\[
\text{Difference} = \text{Yearly income for males} - \text{Yearly income for females} = 49,452 - 37,284 = 12,168
\]
Thus, the difference in yearly median income for a female versus a male with some college education is **$12,168**.