Question

In: Statistics and Probability

One of the concerns of labor economists is that in economic recessions, older people may be...

One of the concerns of labor economists is that in economic recessions, older people may be more likely to be laid off than workers under the age of 40. Federal and state laws prohibit this from happening, but does it anyway? The Federal government collects data on what they call “reductions in force” (RFI); for a recent company that experienced a layoff, 42 of the 50 employees who were “released” were over 40 while 764 of the 1267 who were not released were over 40.

What is your impression of the data? Then perform the chi-square test for (how many??) degrees of freedom. What can you say with 95% confidence about the possibility of age discrimination in RIFs?

Solutions

Expert Solution

orchestra answered 1 year ago
Next > < Previous

Related Solutions

As older adults live longer, they may have more than one chronic disease. Or, they may...
As older adults live longer, they may have more than one chronic disease. Or, they may have a health problem that can lead to another condition or injury if not properly managed. The older adult requires careful nutritional management to ensure proper care and improve or maintain quality of life. From the professional article you selected, describe the unique nutritional needs of this population
• E2 A market survey is given to 1000 people. One of the questions concerns whether...
• E2 A market survey is given to 1000 people. One of the questions concerns whether the person recognizes the brand name X. It is known that roughly 60% of people respond “yes” though this varies to some extent over time, and one of the purposes of the survey is to monitor this. a) How many of the 1000 people would you expect to recognize brand X? Your answer should not be a single number! b) Based on your answer...
Is it practical to assume that people age 55 and older constitute one large consumer market?...
Is it practical to assume that people age 55 and older constitute one large consumer market? How can marketers segment this age subculture? What are some important variables to keep in mind when we tailor marketing messages to this age group? Develop a communication program to persuade these consumers.
As people grow older, bones and joints get weaker, with arthritis being one of the common...
As people grow older, bones and joints get weaker, with arthritis being one of the common diseases of the elderly. List three types of arthritis, describe them and provide at least THREE differences between them (Hint: cause, clinical features, diagnosis, and treatment). Choose one of them and discuss its prevention and management strategy. Reminder: Show critical thinking. Support your opinions with scientific evidence (in initial response and response to your classmates). Provide citations for the information you discuss.
I would like you to ask three questions of one or more of the older people...
I would like you to ask three questions of one or more of the older people you know in your life. You could ask one person three questions or ask three people one question (or any other combination). Hand in the questions you asked and a description of what you learned by asking the question.
The following are standardized cognitive scores for n=8 younger people and n=8 older people: Younger Older...
The following are standardized cognitive scores for n=8 younger people and n=8 older people: Younger Older 8 7 6 5 6 8 7 5 8 7 7 6 8 8 8 5 Calculate SS, variance, and standard deviation for both sets of people. Which group is more consistent? (less variability)
Economists argue that some environments are more conducive to economic growth than others. One of the...
Economists argue that some environments are more conducive to economic growth than others. One of the ways economists differentiate one environment from another is in terms of its institutions. An institution is “the rules of the game in a society or, more formally, the humanly devised constraints that shape human interaction: the rules and regulations, laws, customs, and business practices of a country.” Do you agree that institutions are conducive to economic growth? If so, how? Briefly discuss.
Economists argue that some environments are more conducive to economic growth than others. One of the...
Economists argue that some environments are more conducive to economic growth than others. One of the ways economists differentiate one environment from another is in terms of its institutions. An institution is “the rules of the game in a society or, more formally, the humanly devised constraints that shape human interaction: the rules and regulations, laws, customs, and business practices of a country.” Do you agree that institutions are conducive to economic growth? If so, how? Briefly discuss. Search entries...
Economists argue that some environments are more conducive to economic growth than others. One of the...
Economists argue that some environments are more conducive to economic growth than others. One of the ways economists differentiate one environment from another is in terms of its institutions. An institution is “the rules of the game in a society or, more formally, the humanly devised constraints that shape human interaction: the rules and regulations, laws, customs, and business practices of a country.” Do you agree that institutions are conducive to economic growth? If so, how? Briefly discuss.
what are the differences between the economic crisis of 2007-2009 and previous recessions? Macroeconomics.
what are the differences between the economic crisis of 2007-2009 and previous recessions? Macroeconomics.
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT