Word: medians
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...most recent research, published last March, backs up previous studies that came to favorable conclusions. Funded by the Home School Legal Defense Association but conducted by Lawrence M. Rudner, a respected independent statistician, the study found that 20,760 K-12 home-schooled students had median scores typically in the 70th to 80th percentile. But the sample, like previous ones, was overwhelmingly white, Christian, educated and affluent--and not comparable to a control group of public school children. "Given the education level and affluence of the parents," observes Gerald Bracey, an educational analyst in Alexandria, Va., "you could say, 'Gosh...
...labor think tanks. "A Decade of Executive Excess" reports that the average income of a corporate CEO increased fivefold since 1990 ? and last year alone the figure rose 36 percent, compared with a 2.7 percent increase in the average blue-collar wage. If you?re slaving away for the median employee?s annual income of $29,267, then the fact that Disney CEO Michael Eisner was paid $576 million last year is bound to get you whistling a Woody Guthrie tune. Never mind if you?re in the developing world and have have to swallow the fact that the combined...
Executives in the insurance industry, however, charge that doctors' motives are less altruistic. They say doctors, who by the A.M.A.'s own calculation have a median annual income of $164,000, are trying to pad their already cushy salaries. And they argue that the doctors' bold stand could wind up hurting their patients. According to a June report released by the Health Insurance Association of America, collective bargaining by doctors for higher fees could cause health-care premiums to balloon as much as 11%, adding up to $80 billion annually to the cost of health care...
...virtuous cycle" that will keep spinning, if a bit more slowly. The U.S., she notes, has created a stunning 15.5 million jobs since the end of 1993, even after subtracting job losses due to corporate downsizing. And two-thirds of these jobs pay more than the median wage for all U.S. jobs. By no coincidence, average U.S. real income has also risen in the past two years, after a long period during which wages rose less than prices. Result: consumers are willing to spend heavily, which creates still more jobs and higher incomes...
...Median family income should rise faster than tuition to enable families to afford the tuition increases, according to Knowles...