In 2012, About ________ Percent of the Global Labor Force

question 59

Multiple Choice

In 2012, about ________ percent of the global labor force was unemployed.

• A)1
• B)2
• C)4
• D)6

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Definitions:

Observed Z Value

A standardized statistic that represents the number of standard deviations a data point is from the mean of a distribution.

Sample Mean

The average value of a sample set of a population, used as an estimate of the population mean.

Population Average

The mean value of a particular characteristic in a specified population, representing a central tendency.

Statistical Significance

Indicates whether the results of a study are likely to be due to chance or are actually significant in terms of supporting a hypothesized effect.