Step 6: Analyzing trends between degrees earned and salaries. The table below shows the median annual salaries in the United States by gender. Use skills from this lesson to correlate trends in the US from 2000 to 2010 in the number of people who received a bachelor degree to annual salaries by gender.
Men Women Total Percentage women to men
01 $34,944 $26,572
02 $35,308 $27,508 $31,616 77.9%
03 $36,140 $28,704 $32,240 79.4%
04 $37,076 $29,796 $33,176 80.4%
05 $37,544 $30,420 $33,852 81%
06 $38,636 $31,200 $34,892 80.8%
07 $39,832 $31,928 $36,140 80.2%
08 $41,496 $33,176 $37,544 79.9%
09 $42,588 $34,164 $38,428 80.2%
10 $42,848 $34,788 $38,844 81.2%

a. Assuming a linear relationship between year and salaries by gender, determine when the median annual salary for women will exceed men. Justify your answer. Include in the discussion the regression analysis you performed.

b. Based on the answer you found in the above step, provide an argument pro or con to the statement “As the number of women exceed men in the number of bachelor degrees received, expect there to be a corresponding change in the median annual salaries for each gender.”