Statistics: Informed Decisions Using Data (4th Edition)

Published by Pearson
ISBN 10: 0321757270
ISBN 13: 978-0-32175-727-2

Chapter 2 - Section 2.4 - Assess Your Understanding - Applying the Concepts - Page 115: 3a

Answer

The vertical axis does not start at 0.

Work Step by Step

At a first look, the reader may find that the median earnings for females has increased more than 11 times (more than 1000%) from 2006 to 2007. But, the truth is that it has increased about $\frac{36,300-34,600}{34,600}\approx0.049=4.9$%.
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