If the Number of People Unemployed Is 100, the Number

question 326

Multiple Choice

If the number of people unemployed is 100, the number of people employed is 1000, and the working-age population is 1400, then the employment-to-population ratio is

• A) 66.6 percent.
• B) 78.6 percent.
• C) 71.4 percent.
• D) 75 percent.

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Definitions:

Common Standard Deviation

A measure used in the context of comparing groups that assumes all groups have the same standard deviation, often used in analyses such as ANOVA.

Common Population Variance

The hypothesis that two or more populations have the same variance.

ANOVA F Statistic

A statistic used in ANOVA (Analysis of Variance) tests to compare the means of three or more samples, indicating whether any significant differences exist.

Hypothesis Test

A method in statistics to determine if there's enough evidence in a sample of data to infer that a certain condition holds for the entire population.