In: Economics

The following is a report from a not-very-efficient BLS survey
taker: “There were 100 people in the houses I visited. 24 of them
were children under the age of 16, 25 people had full-time jobs,
and 12 had part-time jobs. There were 10 retirees, 5 full-time
homemakers, 11 full-time students over age 16, and 3 people who
were disabled and cannot work. The remaining people did not have
jobs, but all said they would like one. Seven of these people had
not looked actively for work for three months, however.” Find the
labor force, the working-age population, the number of employed
workers, and the number of unemployed workers.

**Instructions**: Enter your responses as integer
values.

Labor force: people.

Working-age population: people.

Number of employed workers: people.

Number of unemployed workers: people.

There were 100 people in the houses I visited. This is the population. 24 of them were children under the age of 16 so they are not a part of labor force. Now the labor force is 100 – 24 = 76.

25 people had full-time jobs so they are considered employed. 12 had part-time jobs so they are a part of labor force. Total employment is 25 + 12 = 37

There were 10 retirees so they are not a part of labor force. The labor force is now 76 – 10 = 66. There are 5 full-time homemakers, 11 full-time students over age 16, and 3 people who were disabled and cannot work, all of these are not in the labor force. The labor force is now 66 – (5 + 11 + 3) = 47.

The remaining 10 people did not have jobs, but all said they would like one. Seven of these people had not looked actively for work for three months. Hence 7 are not a part of labor force. Labor force is therefore 47 – 7 = 40.

A total of 3 people have no jobs and they are unemployed. Hence unemployed workers are 3. Employed workers are 37. Labor force is 40 and working age population is (100 – 24 – 10) = 66.

The following is a report from a BLS survey taker:
“There were 70 people in the houses I visited. 12 of them were
children under the age of 16, 25 people had full-time jobs, and 6
had part-time jobs. There were 10 retirees, 5 full-time homemakers,
5 full-time students over age 16, and 2 people who were disabled
and cannot work. The remaining people did not have jobs, but all
said they would like one. One of these people had...

the results of a survey in which people from high income
countries were asked to report their level of education (less than
basic, basic and advanced) and whether they were employed or not.
The results are in thousands and are for the 2016-17 period.
You work for a Human Resources firm interested in global
employment trends. You randomly sample 30 employed people from high
income countries and ask them about their level of education.
a) What is the probability that...

In a 2008 survey, people were asked their opinions on
astrology - whether it was very scientific, somewhat scientific,
or not at all scientific. Of 1436 who responded,71 said astrology
was very scientific.
a. Find the proportion of people in the survey who believe
astrology is very scientific. Answer ______ (Round
to four decimal places as needed)
b. Find a 95% confidence interval for the population proportion
with this belief. Answer (____, and _____)
c. Suppose a TV news anchor...

n a 2008 survey, people were asked their opinions on astrology
- whether it was very scientific, somewhat scientific, or not at
all scientific. Of 1438 who responded, 76 said astrology was very
scientific. a. Find the proportion of people in the survey who
believe astrology is very scientific. b. Find a 95% confidence
interval for the population proportion with this belief. c. Suppose
a TV news anchor said that 5% of people in the general population
think astrology is...

In a Survey people were asked to report their level of Math
Anxiety as High, Medium, Low or None. The table below reflects the
results. The question is: Is there evidence
that the level of math anxiety is different for female and male
students at the α = 0.1 level of significance?
Perform a Test for Homogeneity of Proportions.
High/Medium
Low/None
Female
19
9
Male
12
8

The Bureau of Labor Statistics (BLS) adjusts the numbers from
the household survey to estimate the employment picture for the
entire population. Once the adjustment is made, the BLS uses the
figures to generate key employment indicators.
The following table presents information from the household
surveys conducted for November 2017 and, for purposes of
comparison, November 2016. The numbers in the table are listed in
thousands. For example, the number of unemployed in the table for
November 2017 indicates that...

Use the following information gathered by a BLS labor market
survey of four households to work. Household 1: Candy worked 20
hours last week setting up her Internet shopping business. The rest
of the week, she completed application forms and attended two job
interviews. Husband Jerry worked 40 hours at his job at GM.
Daughter Meg, a student, worked 10 hours at her weekend job at
Starbucks. Household 2: Joey, a full-time bank clerk, was on
vacation. Wife, Serena, who...

A household survey in 2017 recorded information on 152 people
who were retired from the Australian labour force. Of these, 105
reported government pension or allowance as their main source of
income. Calculate a 95% confidence interval to estimate the
proportion of all Australian retirees who have government pension
or allowance as the main source of income. Give your answers to
3dp:
The lower limit is
The upper limit is

In a survey of 233 people, the following data were obtained
relating gender to political orientation:
Republican (R)
Democrat (D)
Independent (I)
Total
Male (M)
64
37
16
117
Femal (F)
50
50
16
116
Total
114
87
32
233
A person is randomly selected. What is the probability that the
person is:
a) Male?
b) Male and a Democrat?
c) Male given that the person is a Democrat?
d) Republican given that the person is Male?
e) Female given...

In a survey of 233
people, the following data were obtained relating gender to
political orientation:
Republican (R)
Democrat (D)
Libertarian (L)
Total
Male (M)
53
55
7
115
Female (F)
62
44
12
118
Total
115
99
19
233
A person is randomly selected. What is the probability that the
person is:
a) Male?
b) Male and a Democrat?
c) Male given that the person is a Democrat?
d) Republican given that the person is Male?
e) Female given...

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