If You Are Working with Scores from an Actual Population

question 9

Multiple Choice

If you are working with scores from an actual population, the number of scores would be symbolized by ______ and the mean would be symbolized as _______.

• A) N; M
• B) N; μ
• C) n; M
• D) n; μ

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Definitions:

Labor-Force Participation Rate

The portion of the working-age population that is engaged in or seeking employment, including both employed and unemployed individuals.

Unemployment Rate

The percentage of people in the labor pool who are without employment and are actively hunting for jobs.

Labor-Force Participation Rate

The percentage of the working-age population that is in the labor force, including both employed and unemployed individuals.

Employed

The state of having paid work or being engaged in an activity or enterprise as a means of earning an income.