Carcass wrote:
Approximately what were the median monthly earnings of someone with a bachelor’s degree in 2008?
$1,012
$1,233
$4,050
$4,400
$4,750
CarcassCorrect me if I'm wrong here!
Number of weeks in 1 year = 52
Then, Average number of weeks per month = \(\frac{52}{12} = 4.333\)
Therefore, Median monthly earning (with Bachelor's degree) = \((4.333)($1012) = $4385.33\)
approx. $4400