Answered

Welcome to Westonci.ca, the place where your questions find answers from a community of knowledgeable experts. Explore thousands of questions and answers from knowledgeable experts in various fields on our Q&A platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

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).

Year Golfer Nominal Winnings (Dollars) U.S. CPI (1983 = 100) Winnings in 2009 Dollars
1965 Jack Nicklaus 140,752 31.5
1970 Lee Trevino 157,037 38.8
1982 Craig Stadler 446,462 96.5
2009 Tiger Woods 10,508,163 214.5 10,508,163

Fill in the missing values in the table above.

Sagot :

anthougo

Answer:

Professional Golfers' Association of America (PGA)

Winnings at Different Points in Time

Year     Golfer                 Nominal              U.S. CPI          Winnings

                                Winnings (Dollars)  (1983 = 100)   in 2009 Dollars

1965    Jack Nicklaus     140,752                31.5               958,454  

1970    Lee Trevino        157,037                38.8               868,156  

1982   Craig Stadler      446,462               96.5              992,395  

2009  Tiger Woods  10,508,163              214.5           10,508,163

Explanation:

a) Data and Calculations:

Year     Golfer                 Nominal                U.S. CPI          Winnings

                                Winnings (Dollars)    (1983 = 100)   in 2009 Dollars

1965    Jack Nicklaus          140,752                 31.5

1970    Lee Trevino             157,037                38.8

1982   Craig Stadler           446,462               96.5

2009  Tiger Woods       10,508,163              214.5               10,508,163

Calculating the missing values:

Year     Golfer                 Nominal              U.S. CPI          Winnings

                                Winnings (Dollars)  (1983 = 100)   in 2009 Dollars

1965    Jack Nicklaus     140,752                31.5               958,454 (140,752*214.5/31.5)

1970    Lee Trevino        157,037                38.8               868,156 (157,037*214.5/38.8)

1982   Craig Stadler      446,462               96.5              992,395 (446,462*214.5/96.5)

2009  Tiger Woods  10,508,163              214.5           10,508,163

Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.