Take a look at the Excel file to answer the following two.

Business Finance

1.Did you notice any income differences by gender, race/ethnicity, or type of family? Pick one category, and explain what could be the reasons for such differences

2.Did you notice any difference in income between “One Race – White” and “White alone, not Hispanic or Latino”? Why is that?

Note: white is a race, and Hispanic/Latino is an ethnicity. The majority of Hispanic/Latino are considered to be the white race by the Census. In other words, “One race – White” includes the majority of the Hispanic/Latino populations.)