Suppose that men,ages 25-64,with earnings of $22,000 are at the 20th percentile of the earnings distribution,while those with earnings of $84,000 are at the 80th percentile of the earnings distribution.Interpret these figures.What is the 80:20 earnings ratio? What does this ratio tell us?

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The Answer of Suppose that men,ages 25-64,with earnings of $22,000 are at the 20th percentile of the earnings distribution,while those with earnings of $84,000 are at the 80th percentile of the earnings distribution.Interpret these figures.What is the 80:20 earnings ratio? What does this ratio tell us?

Suppose That Men,ages 25-64,with Earnings of $22,000 Are at the 20th