Question

The average hourly earnings for a construction worker is projected to be $24.50 in 2012. jason wants to join the construction work force after he graduates in 2012. his friend tells him that average hourly earnings for construction workers will rise by 2% from 2009 to 2012. based on the data below, assuming that the projected hourly earnings are correct, is jason’s friend’s statement accurate? construction industry - average hourly earnings, 2000-2009 a line graph titled construction industry, average hourly earnings (dollars), 2000 to 2009, where the x-axis shows years and the y-axis shows average hourly earnings of production workers. line starts at 17.2 on january 2000, slowly increases to 19.7 on january 2006, then increases more quickly to 20.5 on january 2007 and 22.4 on january 2009. a. his friend’s statement is accurate. the average hourly earnings will increase by 2%. b. his friend’s statement is not accurate. the percent increase will be more than 2% c. his friend’s statement is not accurate. the percent increase will be less than 2% d. his friend’s statement is not accurate. the average hourly earnings will decrease. please select the best answer from the choices provided a b c d

Answer 1

The statement his friend’s statement  is not accurate. The percent increase will be more than 2% is correct.

We have the average hourly earnings for a construction worker is projected to be $24.50 in 2012. jason wants to join the construction work force after he graduates in 2012. his friend tells him that average hourly earnings for construction workers will rise by 2% from 2009 to 2012.

What is the meaning of avarage?

An average value is defined as the sum of all the values divided by the total number of values in a given data.

Therefore we get,have ion industry  average hourly earnings, 2000-2009 a line graph titled construction industry, average hourly earnings (dollars), 2000 to 2009,

where the x-axis shows years and the y-axis shows average hourly earnings of production workers.

line starts at 17.2 on january 2000, slowly increases to 19.7 on january 2006, then increases more quickly to 20.5 on january 2007 and 22.4 on january 2009

What is the meaning of increasing 2%?

The percent increase between two values is the difference between a final value and an initial value, expressed as a percentage of the initial value.

Therefore from the given data line starts

17.2 on january 2006

20.5 on janury 2007

22.4 on janury 2009

It seems that The option B is correct.

Therefore,his friend’s statement  is not accurate. The percent increase will be more than 2%.

To learn more about the percentage value visit:

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