Median Salary, business and finance homework help

Discussion 1: Median Salary

Using the Career Profiles website or the Bureau of Labor Statistics website as your source, find the median annual salaries of four jobs you might consider as career choices based on your future career plans. Using those four salaries as your base, answer the following questions:

  1. Round each median salary to the nearest thousand.
  2. Using your rounded salaries, create a bar chart, following the directions for #5 on page 14. For instructions on how create a bar chart using Excel, click here.
  3. Find the monthly income for one of the salaries.
  4. Using the “Rent and Utilities” section on pages 39 – 41 of your textbook as a guideline, determine your monthly expenses. Is the salary enough to cover your monthly expenses?  Justify your answer.

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