Question:

Pay scale between gender continue to have a gap. In 2015, males were being paid $1.00 while females are being paid $0.92. In 2021, males are being paid $1.00 while females are being paid $0.82. The gender pay gap is wider for color women at higher levels and depending on type of occupations and industries. Women often step out of the workforce to care for their loved ones. Due to the pandemic, women could face an unemployment penalty when they return back to the workforce. Women of color have faced unemployment at a higher rate. While women of color and women at the lower job levels not working, it may move the average median pay for women up. When women do go back to work, they will probably face a disproportionate wage penalty from being unemployed compared to men, which could possibly widen the gender pay gap again. Women are still making less than men even when doing the exact same job. COVID-19 may impact the gender and racial pay gap for years to come.?

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The Paycheck Fairness Act aims to strengthen equal pay protections for women by expanding upon the Equal Pay Act of 1963 and Fair Labor Standards Act.?

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Reference:?

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Racial and Gender Pay Gap Statistics for 2021 (payscale.com)?

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House passes new bill aimed at closing the gender pay gap (cnbc.com)?

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The arithmetic mean of two postive real numbers x and y is, by definition, (x+y)/2; and their geometric mean is v (xy). For example, the arithmetic mean of 5 and 20 is 12.5 and their geometric mean is 10. Prove that the arithmetic mean is never less than the geometric mean, and that the two means are equal if and only if the two numbers are equal. [hint: note all that is being asked for. try starting with the inequality (v x - V y) 2 >= 0Calculate arithmetic and geometric means for stock A: Year A B C D E 1 9.7% 10.7% 70.3% 13.0% 23.1% 2 1.1% 23.4% -54.0% 15.2% -16.0% 3 -38.9% -32.1% 40.2% -40.0% 0.8% 4 34.5% 26.3% 94.5% 57.2% 13.7% 5 14.6% 11.8% 7.3% -4.2% 41.3% 6 3.7% 1.9% 25.5% 3.9% 5.7% Geometric mean equals 4.9%; arithmetic mean equals 3.4% Arithmetic mean equals 3.4%; geometric mean equals 5.6% Geometric mean equals 7.0%; arithmetic mean equals 7.5% Arithmetic mean equals 4.1%; geometric mean equals 1.3\f1. Which of the following is not one of the features of the arithmetic mean? 1. The sum of the differences from the arithmetic mean is always 0 Il. Sum of squares of differences from the arithmetic mean is minimum Ill. Not affected by extreme values IV. Each series has only one arithmetic mean (10 Points) O I and III O I and II O I and IV O I, II and IV O just Ill