Find the age-dependency ratio for your selected region

Assignment Help Basic Statistics
Reference no: EM13946325

The 123 text covered dependency ratios for the total population of the United States. The snapshot below is a spreadsheet that also separates the population into regions.

1283_table2.png

1. You will need to select a region to use to complete the questions below. Refer to your book if necessary.

a. Which region will you be using for your calculations? ______________

2. Note the age groupings in the table, it will be helpful to regroup the ages to calculate dependency ratios.

a. What is the total population for the under-15 year olds for your region?

b. What is the total population for the 15-64 year olds for your region?

c. What is the total population for the over-65 year olds for your region?

3. Calculate the ratio of under-15 year-olds to the total population of the selected region.

a. What kind of ratio is this: a part to part or part to whole?

b. Write the ratio in at least 2 ways.

c. Use this ratio in a meaningful sentence.

4. Calculate the ratio of age 65-and-over to the total population of the selected region.

a. What kind of ratio is this: a part to part or part to whole?

b. Write the ratio in at least 2 ways.

c. Use this ratio in a meaningful sentence.

5. If you write the ratios from the last two questions as decimals and multiply 100 you can express the ratios as "per hundred" or a percent.

What percent of the total population would be classified as "child dependent"?_______

What percent of the total population would be classified as "old-age dependent"_______

6. Child dependency ratio.

a. Explain how to calculate a child dependency ratio(you may want to refer to your notes, this is not the same as what was calculated above).

b. Find the child dependency ratio for your selected region.

c. Use the ratio in a sentence to explain its meaning.

d. Write a sentence explaining the meaning of the ratio with your ratio expressed in a different way.

7. Old-age dependency ratio.

a. Explain how to calculate an old-age dependency ratio(you may want to refer to your notes, this is not the same as what was calculated above).

b. Find the old-age dependency ratio for your selected region.

c. Use the ratio in a sentence to explain its meaning.

d. Write a sentence explaining the meaning of the ratio with your ratio expressed in a different way.

8. Age-dependency ratio.

a. Explain how to calculate the dependency ratio (you may want to refer to your notes).

b. Find the age-dependency ratio for your selected region.

c. Use the ratio in a sentence to explain its meaning.

d. Write a sentence explaining the meaning of the ratio with your ratio expressed in a different way.

9. Analyze: Due to the baby boomers and extended life expectancy in the U.S., some say the age-dependency ratio should NOT include the 65-69-year-olds, because they are still in the workforce. Recalculate the age-dependency ratio using this new strategy. Compare your outcome to the age-dependency ratio found using the original strategy. Does the rate go up or down? Explain which is more "desirable"? What are some pros and cons associated with the two strategies? Please state your findings in complete and meaningful sentences.

Reference no: EM13946325

Questions Cloud

Create a context diagram using visio or powerpoint : Create a context diagram using Visio or PowerPoint based on the information provided. Write a narrative describing the diagram.
Minimum of four different sources for your materials : It's time to take what you've learned from all of your prior presentations and add an element of research to create your Informative Speech. You have to be cautious when choosing an Informative topic, as it's easy to think an Informative Speech an..
Calculate the grashof number : Calculate the Grashof number using Equation 9.65, which can be applied to natural convection flows driven by temperature and concentration gradients. Use a characteristic length L that is appropriate for the exposed surface of the water bath.
What typical problems in introducing business intelligence : What are the typical problems in introducing business intelligence tools that are described in the case study? What additional people-related problems do you think may arise when business intelligence systems are introduced for end-users?
Find the age-dependency ratio for your selected region : What is the total population for the 15-64 year olds for your region? What is the total population for the over-65 year olds for your region?
Parmalat or healthsouth : Consider the accounting problems described in our textbook for Parmalat or HealthSouth.
Y information technology professionals have a poor attitude : Discuss why many information technology professionals have a poor attitude toward project cost management
Minimum value of the convection heat transfer : In the limiting case of a very small sphere, what is the minimum value of the convection heat transfer coefficient expressed in terms of the sphere diameter and thermal conductivity of the air?
Analyze the various aspects of the methodology : In this assignment, you will describe and analyze the various aspects of the methodology of one of the following quantitative research articles: Okimoto and Heilman's 2012 article, "The 'Bad Parent' Assumption: How Gender Stereotypes Affect Reacti..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Obtain a test statistic and a p-value

Suppose we would like to test the hypothesis that at least 10% of students suffer from allergies. We collect a random sample of 225 students and 21 of them suffer from allergies. State the null and alternative hypotheses. Obtain a test statistic a..

  The cylinder volume is 2000 cm3 before compression and the

a four stroke eight cylinder otto engine operates at 2500 rpm and the compression ratio is 61. the cylinder volume is

  Find the cost for staying with the gym for 3 years

you and your friend join a new gym that requires a one-time joining fee and monthly payments. 10 ptsa. if your friend

  A survey asked tax accounting

A survey asked tax accounting firms their business form (S = sole proprietorship, P = partnership, C = corporation) and type of risk insurance they carry (L = liability only, T = property loss only, B = both liability and property).

  What are the appropriate null and alternative hypotheses

a clothing store chain is having a sale based on the use of a coupon. the company is interested in knowing whether the

  Regression equation-value of y-intercept

In regression equation, the value of y-intercept indicates the value of Y when the value of X is zero.

  Hypothesis test for one-way analysis of variance

Is there evidence to suggest a difference in the mean waiting times at the four body shops?

  Hypothesis test of road

An official of the Iowa department of Highways wants to compare the useful life, in months, of two brands of paint used for striping roads. The mean number of months Cooper Paint lasted was 36.2

  What is the supply function of the fringe

The average avoidable cost for a fringe firm is AAC(q) = 20/q + 5q. The marginal cost function for a fringe firm is MC = 10q. There are 10 fringe firms. The marginal cost of the dominant firm is 2 and the demand function is Q = 100 - P.

  Conclusion of solving math problems while listening music

Iit is known that signal change in this brain area is normally distributed with mean of 35 and standard deviation of 10. By using .01 level, what must researcher conclude?

  Samples of our students from an applied experimental design

samples of our students from an applied experimental design class were polled regarding the number of hours they spent

  Companies electronically monitor their employees

According to a survey 41 % of major US companies electronically monitor their employees. Suppose that 5 such companies are selected independently and at random.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd