The Table in Number 18 Is Called a Two-Way Table

question 43

Essay

The table in number 18 is called a two-way table. Why is the terminology of two-way table used?

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Definitions:

Labor-Force Participation

the ratio of the number of individuals who are working or actively looking for work to the total number of individuals eligible to participate in the workforce.

Bureau of Labor Statistics

An agency of the U.S. government tasked with gathering, examining, and distributing vital data concerning labor market dynamics, employment environments, and fluctuations in prices.

Unemployment Rate

The ratio of unemployed individuals in the labor force who are earnestly looking for work.

Minimum Wage

The lowest legal salary that employers can pay to workers, aimed at protecting workers from exploitation.