Events in labor force and college graduate independent

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Reference no: EM131764243

Question: In the language of government statistics, you are "in the labor force" if you are available for work and either working or actively seeking work. The unemployment rate is the proportion of the labor force (not of the entire population) who are unemployed. Here are data from the Current Population Survey for the civilian population aged 25 years and over in a recent year. The table entries are counts in thousands of people.

Unemployment (5.3) Are the events "in the labor force" and "college graduate" independent? Justify your answer.

Reference no: EM131764243

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Events in labor force and college graduate independent : In the language of government statistics, you are "in the labor force" if you are available for work and either working or actively seeking work.

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