- Sun Oct 28, 2012 10:48 am
#6281
Team,
Recently, I read this article:http://www.usaonrace.com/latest-news/ne ... equity-gap (I read economics article to attack such #/% issues)
Once you are on that page, search for paragraph starting with "the business ownership gap" and "closing the gap"
It talks about business ownership gap, meaning 45% of the population constituted Martians but only 10% of minority owned businesses were owned by Martians.
Two questions:- why would someone compare these two different quantities (one is a %of population and the other is a percentage of minority-owned businesses) ? The total number could be vastly different. For instance, population = 100; 75% of that = 75. On the other hand, total minority-owned business could be =1000; 30% of that amount is > 75! I am not sure why the author do a comparison between two percentages. Surprisingly, then the author talks about "closing" the gap? I am really not sure about this.
I think any conclusion on LR problem could be easy to attack. I would like to hear your thoughts on this. I have seen a few LR questions recently on this concept.
Please help
Thanks
Recently, I read this article:http://www.usaonrace.com/latest-news/ne ... equity-gap (I read economics article to attack such #/% issues)
Once you are on that page, search for paragraph starting with "the business ownership gap" and "closing the gap"
It talks about business ownership gap, meaning 45% of the population constituted Martians but only 10% of minority owned businesses were owned by Martians.
Two questions:- why would someone compare these two different quantities (one is a %of population and the other is a percentage of minority-owned businesses) ? The total number could be vastly different. For instance, population = 100; 75% of that = 75. On the other hand, total minority-owned business could be =1000; 30% of that amount is > 75! I am not sure why the author do a comparison between two percentages. Surprisingly, then the author talks about "closing" the gap? I am really not sure about this.
I think any conclusion on LR problem could be easy to attack. I would like to hear your thoughts on this. I have seen a few LR questions recently on this concept.
Please help
Thanks