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The cost of living is higher in California than in other states. Smart-Buy would like to...

The cost of living is higher in California than in other states. Smart-Buy would like to understand if California has a disproportionate number of people making more than $125,000. How many employees in Oklahoma and California made over $125000 in 2017?

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Answer #1

The cost of living is higher in California than in Oklahoma hence, average earnings would be less in Oklahoma than in California. Thus, it is clear that the number of people that have made over $125,000 in Oklahoma is less than the number of people made such amount of money in California. Employees made over $125,000 in 2017 would more in numbers in California than in Oklahoma. Due to lack of information it would not be possible to provide a specific number as to the number of people who made over $125,000 in Oklahoma and California however, it can be said with certainty that the number employees made over $125,000 in Oklahoma in 2017 would be less than the number of people made such money in California in 2017 as the cost of living is higher in the later state than the former state.

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