Word: medians
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...graduate of the Harvard Business School who reported a first-year salary of $42,000 as a member of the marketing department of a large oil firm was just one of 572 members of the Business School Class of 1976 that showed a median salary of $20,000 in response to a survey by the Office of Career Management...
...week's end pounced gleefully on what aides hope will turn out to be a major Carter gaffe. In an interview with Associated Press, Carter suggested that if elected he would try to "shift" the tax burden by boosting rates for Americans earning more than "the mean or median level." This would mean higher taxes for those earning more than $14,000 a year. Chortled James Lynn, Ford's budget director: "An incredible position for a candidate to take." Carter spokesmen charged the G.O.P. with distortion, pointing out that he made clear in the interview that...
Economically, blacks still lag considerably behind whites, but they are catching up. In 1959 the median income of Southern black families was 46% of that of white families; in 1974 it was 56%. The totals: $6,730 for black families, $12,050 for whites.The black middle class is rapidly expanding, especially in the booming cities. Some black neighborhoods, such as Birmingham's Briarmont and Atlanta's Southwest, have all the amenities and status of upper-middle-class white residential areas...
...those questioned thought that companies averaged 330 profit on each dollar of sales. A sampling of college students by Standard & Poor's yielded an even higher estimate: 450. The actual figure is below 50 -and the overall trend has been downward. According to a FORTUNE survey, the 1975 median profit margin of the nation's 500 largest industrial corporations shrank to 3.9% of sales. That was the thinnest margin in 17 years...
...most residents want to leave the clean, well-kept neighborhood, the litter-free streets, the bungalows with freshly painted shutters and the largely crimeless environment. The median income is $15,000, and houses average $30,000 in value. Youngsters play in safety on the elm-shaded streets, and families frequently leave their car,doors and garages unlocked. Observes Housewife Gail Cichanowski, 28: "People feel this is one of the last really good white areas in the city...