The Bureau of Labor Statistics Produces Data on Unemployment and Other

question 323

True/False

The Bureau of Labor Statistics produces data on unemployment and other aspects of the labor market from a regular survey of about 60,000 households, called the Current Population Survey.

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Definitions:

Type I Error

The incorrect rejection of a true null hypothesis, or "false positive," often denoted by alpha (α).

Statistical Significance

A measure of whether observed data can be considered as not being the result of chance, typically through the use of a p-value.

Dependent-Samples T-Test

A statistical procedure used to compare means from the same group at two different times or under two different conditions.

Regression

A statistical method that models the relationship between a dependent variable and one or more independent variables, predicting the former based on the latter.