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Average weekly wages of workers
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23 Dec 2019, 12:14
23 Dec 2019, 12:14
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Question Stats:
50% (03:01) correct
50% (04:42) wrong based on 6 sessions
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1.Approximately what % of the average weekly male wage was the average weekly female wage for workers employed in service occupations in state X in 1987?
2.For the occupation that had the highest ratio of women to men in state X in 1987, by approximately what % would the average weekly female wage have to increase to equal the average weekly male wage?
3. Approximately how much was earned in 1987 by all men working in state X as operators, fabricators, and laborers?
Show: ::
OA
1. 67%
2.50%
3.200mln
1. 67%
2.50%
3.200mln
Re: Average weekly wages of workers
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27 Apr 2020, 07:29
27 Apr 2020, 07:29
1
gulsam wrote:
1.Approximately what % of the average weekly male wage was the average weekly female wage for workers employed in service occupations in state X in 1987?
2.For the occupation that had the highest ratio of women to men in state X in 1987, by approximately what % would the average weekly female wage have to increase to equal the average weekly male wage?
3. Approximately how much was earned in 1987 by all men working in state X as operators, fabricators, and laborers?
Show: ::
OA
1. 67%
2.50%
3.200mln
1. 67%
2.50%
3.200mln
Here,
(1)
Male wages in service occupations = $300
Female wages in service occupations = $200
Percentage = \(\frac{200}{300 }* 100\)% = 67%
(2)
The highest ration of female to male is Technical , sales and support
No. of Av. men wages = $ 500
No. of men = 8000
Total Av. wages for men =500 * 8000 = $40,000
Similarly,
No. of Av. female wages = $ 300
No. of female = 16,000
Total Av. wages for female = 300 * 16000 =$48,000
Since, Av wages of female = 48,000/16,000 = $300
but, we need the av. wages of female to be = $500
hence, the total av. wage of female should be increased to = $80,000 ( \(\frac{80000}{16000} = 500\))
SO the female wages has to increase by 50% to that of male wages
(3)
Total no. of men in state X as operators, fabricators, and laborers = 11,000
Av. wages = $350
Total wages earned = 11,000 * 350 = 3,850,000
Manager
Joined: 20 Jun 2019
Posts: 181
Given Kudos: 41
GRE 1: Q160 V161
GRE 2: Q165 V159
Re: Average weekly wages of workers
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04 Jun 2020, 00:04
04 Jun 2020, 00:04
pranab223 wrote:
gulsam wrote:
1.Approximately what % of the average weekly male wage was the average weekly female wage for workers employed in service occupations in state X in 1987?
2.For the occupation that had the highest ratio of women to men in state X in 1987, by approximately what % would the average weekly female wage have to increase to equal the average weekly male wage?
3. Approximately how much was earned in 1987 by all men working in state X as operators, fabricators, and laborers?
Show: ::
OA
1. 67%
2.50%
3.200mln
1. 67%
2.50%
3.200mln
Here,
(1)
Male wages in service occupations = $300
Female wages in service occupations = $200
Percentage = \(\frac{200}{300 }* 100\)% = 67%
(2)
The highest ration of female to male is Technical , sales and support
No. of Av. men wages = $ 500
No. of men = 8000
Total Av. wages for men =500 * 8000 = $40,000
Similarly,
No. of Av. female wages = $ 300
No. of female = 16,000
Total Av. wages for female = 300 * 16000 =$48,000
Since, Av wages of female = 48,000/16,000 = $300
but, we need the av. wages of female to be = $500
hence, the total av. wage of female should be increased to = $80,000 ( \(\frac{80000}{16000} = 500\))
SO the female wages has to increase by 50% to that of male wages
(3)
Total no. of men in state X as operators, fabricators, and laborers = 11,000
Av. wages = $350
Total wages earned = 11,000 * 350 = 3,850,000
For Q2, since average wages are already given and the question asks us approximately what % would the average weekly female wage have to increase to equal the average weekly male wage, why can't we simply do 300(100+?/100)=500?? Or am I missing something here?
