3. Comparing salaries from different times Consider golfers who led the Professional Golfers' Association of America (PG

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3 Comparing Salaries From Different Times Consider Golfers Who Led The Professional Golfers Association Of America Pg 1 (26.63 KiB) Viewed 8 times

3. Comparing salaries from different times Consider golfers who led the Professional Golfers' Association of America (PGA) in winnings at different points in time. Note that the winnings are mominal figures (unadjusted for inflation). o convert the original earnings of Palmer, Trevino, and Norman, use the formula for converting dollar figures from an earlier era into year 2016 U.S. Wollars. Using those figures, fill in the following table, making sure to round your responses to the nearest U.S. dollar. Nominal Winnings Year 1963 1970 1986 2016 Golfer Arnold Palmer Lee Trevino Greg Norman Dustin Johnson True (Dollars) 128,230 false 157,037 653,296 9,365,185 U.S. CPI (1983= 100) Winnings in 2016 Dollars rue or False: According to the previous table, the golfer with the highest P ighest PGA winnings after adjusting for inflation. 30.6 38.8 109.6 240.0 534 16,349 980,725 1,005,725 30,775,200 nominal dollars is not the same as the golfer with the