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Question: Suppose the number of employed people in an economy is 121,166,640.The unemployment rate in this economy is 10.4 percent,or .104,and the labor force participation rate is 72.5 percent,or .725.
a. What is the size of the labor force?
b. How many people are unemployed?
c. What is the size of the working-age population?
For a random sample of 35 items, a known population standard deviation of 23, and a sample mean of 211 estimate the: the population mean with a confidence level of 95%.
Commuting. A man who moves to a new city sees that there are two routes he could take to work. A neighbor who has lived there a long time tells him Route A.
Assuming the federal government's claim is correct, what is the probability that less than 15% of the people in the sample will be found to have been overpaid?
(a) Provide a written description of the complement event of (S OR P). (b) What is the probability of complement event of (S OR P)?
Let E denote the event that the ?rst airline's ?ight is fully booked on a particular day, and let F denote the event that the second airline's ?ight is fully booked on that same day. Suppose that P(E) = .7, P(F) = .6, and P1E ¨ F 2 = .54. Calcu..
A South American custom candy producer wants to know if the mean daily consumption of regular sugar sweetened candy eaters is less than that of artificial sweetened candy eaters.
Determine the regression equation, letting the first variable be the independent (x) variable. Find the indicated predicted values.
Given the sample size of 36 bolts with a mean of 3 inches and a standard diviation of .3. What is the 99% confidence interval for the true mean length of the bolt.
Assume the variable is normally distributed. Round your answer to one decimal place.
i what is the sampling distribution of a sampe mean for a normally distributed random variable.ii if a variable iq is
Translate the following arguments into symbolic notation.- If life is always better than death, then people do not commit suicide.
Identify the sampling distribution to be used: the standard normal distribution or the Student's t distribution. Find the critical value(s).
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