Question: Attempts: 0 1 Keep the Highest: 1/2 3. Comparing salaries from different times Consider golfers who led the Professional Golfers' Association of America (PGA) in

Attempts: 0 1 Keep the Highest: 1/2 3. Comparing

Attempts: 0 1 Keep the Highest: 1/2 3. Comparing salaries from different times Consider golfers who led the Professional Golfers' Association of America (PGA) in winnings at different points in time. Note that the winnings are nominal figures (unadjusted for inflation). To convert the original earnings of Palmer, Trevino, and Stadler, use the formula for converting dollar figures from an earlier era into today's (year 2000) U.S. dollars. Using those figures, fill in the following table, making sure to round your responses to the nearest U.S. dollar. U.S. CPI Nominal Winnings (Dollars) Year Golfer (1983 = 100) Winnings in 2000 Dollars 1963 Arnold Palmer 128,230 30.6 1970 Lee Trevino 157,037 38.8 1982 96.5 Craig Stadler Tiger Woods 446,462 9,188,321 2000 172.2 9,188,321 True or False: According to the previous table, the golfer with the highest PGA winnings in nominal dollars is the same as the golfer with the highest PGA winnings after adjusting for inflation. O True False

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