People with a master’s degree in business administration (MBA) earn an income on average 70% higher than people with just an undergraduate degree.
MBA students from top business schools earn an income on average 50% higher than the average income of people with MBAs.
If the above statement is true which of the following can be rightly concluded ?
A. All those who do not have a master degree in MBA earn less than those who do have a master degree in MBA.
B. If someone gets an MBA degree his/her income increases.
C. If a person obtains an MBA from a top business school, their income will be higher than that of the average MBA graduate.
D. The average income of an MBA graduate from a top business school is over double that of the average income of a person holding only an undergraduate degree.
E. Average income of an MBA graduate from a top business school is almost double that of the average income of person holding only an undergraduate degree.