Table:
1999
2012

coefficient
bootstrap standard error
coefficient
bootstrap standard error

top after-tax income quintile
0.318
0.028
0.679
0.023

bottom after-tax income quintile
0.098
0.011
0.253
0.025

top after-tax income quintile minus bottom after-tax income quintile
0.219
0.030
0.426
0.035

explained portion of difference
0.136
0.028
0.302
0.051

unexplained portion of difference
0.083
0.044
0.123
0.070

detailed explained components

net worth
0.077
0.025
0.184
0.044

parental education
0.052
0.017
0.103
0.023

parental age
0.007
0.009
-0.008
0.017

parental marital status
0.007
0.006
0.031
0.015

number of children
-0.008
0.005
-0.012
0.008

age of youngest child
0.004
0.007
0.003
0.018

age of oldest child
-0.011
0.006
-0.009
0.013

region
0.008
0.005
0.005
0.005

urban/rural status
-0.001
0.005
0.005
0.003

Statement: overall, 13.6 percentage points of the 21.9 percentage point difference could be explained by differences in socioeconomic characteristics in 1999.
Question: overall, what proportion of the 21.9 percentage point difference could be explained by differences in socioeconomic characteristics in 1999?
Answer: [0.136]