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Construct the index of average weekly earnings of Australian male employees for the period
1990-1998, using the data in the following table. Use 1990 as the base year. Average weekly earnings of Australian
male employees, 1990-98
Source: Australian Bureau of Statistics, Australian Economic Indicators, ABS Cat. No. 1350.0, ABS, Canberra.
Cohorts
A group of individuals having a statistical factor (such as age or class year) in common in a demographic study.
Vietnam War
A prolonged conflict (1955-1975) between Communist forces in North Vietnam and the government of South Vietnam, with significant involvement by the United States.
Social Security
A government program designed to provide financial assistance to the elderly, disabled, and survivors, funded by payroll taxes.
Cohorts
Groups of individuals sharing a common characteristic, typically used in studies to assess how certain variables affect certain populations over time.
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