Consider golfers who led the Professional Golfers’ Association of America (PGA) in winnings at different points…

Consider golfers who led the Professional Golfers’ Association of America (PGA) in winnings at different points in time. Note that the winnings are nominal figures (unadjusted for inflation). To convert the original earnings of Nelson, Nicklaus, and Stadler, use the formula for converting dollar figures from an earlier era into year 2016 U.S. dollars. Using those figures, fill in the following table, making sure to round your responses to the nearest U.S. dollar. Nominal Winnings (Dollars) U.S. CPI (1983 = 100) Winnings in 2016 Dollars 18 Year 1945 1972 1982 2016 Golfer Byron Nelson Jack Nicklaus Craig Stadler Dustin Johnson 63,336 320,542 41.8 264 96.5 446,462 9,365,185 240.0 4,750 804,480 nominal dollars is not the same as the golfer with the True or False: According to the previous table, the golfer with the highest PC highest PGA winnings after adjusting for inflation. 844,480 15,200,640 O True O False

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