Amy Peterson's Annual Salary When She Started Working in 2006

question 17

Essay

Amy Peterson's annual salary when she started working in 2006 was $35,000. In 2011, her annual salary had increased to $44,000. Using 2006 as the base year, the consumer price index for 2011 was computed to be 112. Use this information to determine if Amy was better off in 2006 or in 2011.

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Definitions:

Independent

Not influenced or controlled by others in matters of opinion, conduct, etc; self-governing.

Deck

A structure of planks or platforms, typically outdoors, connected to a building; or, in card games, a complete set of cards.

Distribution

The way in which values of a variable or group of variables are spread or dispersed across a set of data.

Suits

Refers to formal jackets and trousers worn typically for business or formal occasions; can also refer to lawsuit litigants.