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Using the Following Information, Determine the Location Quotient for This

question 20

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Using the following information, determine the location quotient for this industry. Percentage of employment in financial services industry within the local community: 15%, Percentage of employment in financial services industry for the entire U.S.: 4.4%.


Definitions:

Operant Conditioning

A learning process through which the strength of a behavior is modified by reinforcement or punishment.

Overregularization

The process in language acquisition where children apply standard grammatical rules even to cases where they don't apply.

Thinking

Paying attention to information, mentally representing it, reasoning about it, and making decisions about it.

Intelligence Quotient

A measure of a person's intellectual abilities in relation to others, based on standardized tests.

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