Question

Assume there were 77 million (77,000,000) Millennials in 2014. According to the graphic, in 2014 how many more Millennials lived in their parent(s) home than were married or cohabitating in their own household? Note that although the numbers displayed within the graphic don't display the % sign, they are percentages.

Answer 1

From the chart, 385000 more millennials lived in their parent(s) home than were married or cohabitating in their own household

How to interpret the chart

From the chart, we have:

• 32.1% of millennials live in their parent's house in 2014
• 31.6% of millennials were married or cohabitating in their own household in 2014

Calculate the difference between these proportions

$d =32.1\%-31.6\%$

$d =0.5\%$

In 2014, there were 77 million millennials.

So, the number of millennials is calculated as:

$n=0.5\% * 77\ million$

$n=385000$

Hence, 385000 more millennials lived in their parent(s) home than were married or cohabitating in their own household

Read more about proportions at:

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