Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
The author did not apprise the reader of the measure of poverty, so it is assumed that the way poverty is measured is the same over the decades. This may not be true so in this instance the comparison can be misleading.
The use of the median as a measure of income level is a consistent use of a statistical measure. The median is a more robust measure of national income than the mean since it is not as susceptible to the influence of outliers in the data (Gravetter & Wallnau, 2008). The use of the median provides a more precise measure of the middle class challenge. The conclusion that the middle class is stagnating is a legitimate conclusion based on the lack of income growth within that group. In this instance, the statistics were used appropriately.
The use of data to show increases while legitimate can provide an inaccurate picture of the state of a problem. The author used counts to show that the numbers of persons without health care increased from 46 million in 2008, to 51 million in 2009....
The author in this instance is abusing the statistical data, and the absence of comparative percentages is informative.
The statistical measures employed in this article were arranged to support the argument of the author. The author clearly demonstrated that poverty is on the increase across all ethnicities within the society. The challenge however, is that the use of some of the measures may mislead the reader and obfuscate the true picture regarding poverty in America.
References
Eckholm, E. (2010). Recession raises poverty rate to a 15-year high. New York Times. Retrieved from http://www.nytimes.com/2010/09/17/us/17poverty.html?hp
Gravetter, F.J., & Wallnau, L.B. (2008). Statistics for the behavioral sciences 8th ed. California:
Wadsworth Publishing.
The general fund collects over 86% of the total tax revenues and is the primary funding source for most commonwealth agencies. General fund tax revenues The largest significant source of tax revenues net of refunds is personal income tax. Reported personal income tax accounts for 38% of all tax revenues reported. Sales tax, which represents a tax on various items purchased by consumers, is the second largest category. Reported sales tax
Financial Analysis of Mcdonald A financial analysis McDonald's Cor Company Overview McDonald Corporation is a global company that conducts business in 117 countries. McDonald operates 32,737 restaurants and 26,338 franchises in the highly competitive fast food industry. Since 1940, McDonald has built a loyal customer base by continuing dedicating to customer service and providing high quality fast food for customers. Presently, McDonald could boast of over 60 millions customers and the company
Economics UK Economy An analysis of the latest figures for key economic indicators and the factors which have affected these indicators. This should include the figures for unemployment, inflation and economic growth. Unemployment The unemployment rate is a very important indicator of the overall health of the economy. Currently the unemployment rate is at 7.8% (Office for National Statistics, 2012). However, this figure does not affect the population equally. Different segments of the population
UK Economic Policy An analysis of the latest figures for key economic indicators and the factors which have affected these indicators. This should include the figures for unemployment, inflation and economic growth Unemployment Unemployment is one of the key economic indicators in the UK as well as in all modern nations. Unemployment in the UK rose for the fourth consecutive quarter in Q3 2012 with an increase of one hundred thousand people which
The Price-Sensitive Affluents, Wal-Mart has learned (Wal-Mart Annual Reports) is more interested in finding an exceptionally good deal and not necessarily concerned about the shopping experience. This is particularly true as one of the strongest factors influencing the execution of their strategy, the emerging global recession during this timeframe, takes hold. Again as with the Price Value Shopper and the paradoxical purchasing patterns of the Brand Aspirational segment show,
The trainer will then focus on the steps to be taken to develop new skills. For example, if the trainer wants to talk about motivating, leading, negotiating, selling or speaking, it is best to start with what the learners do well before showing some chart on Maslow's theory, Posner's leadership practices, or selling skills from some standard package that has been develop elsewhere. Many foreign trainers make grave errors