Scenario 19-1 Ferris, a Student at a Community University, Is Considering What

question 81

Multiple Choice

Scenario 19-1
Ferris, a student at a community university, is considering what he should do for summer employment.Two recruiters show up at his school in search of summer workers.Recruiter A is looking for lifeguards to patrol the beach at an exclusive island resort in the Caribbean.Recruiter B is looking for workers to staff positions at a local summer youth camp.
-Refer to Scenario 19-1.Ferris is carefully considering the options that each recruiter presents.On the basis of knowledge obtained in his economics class,what is Ferris likely to conclude

• A)Because the lifeguard job sounds like a fun job on the beach, the wage is likely to be high.
• B)Because the lifeguard job would expose him to a threat of skin cancer, the wage is likely to be low.
• C)If the lifeguard job has a requirement for special training or certification, the wage offer will be higher than otherwise.
• D)If the lifeguard job also requires a willingness to clean public restrooms, the wage offer will be lower than otherwise.

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Definitions:

Total Number

The sum or total count of units or elements in a set or group.

Data Set

A collection of data points or values gathered from experiments or observations.

Classes

Categories or groups into which data can be divided based on certain characteristics or attributes.

Relative Frequencies

The measures showing the number of times a certain event occurs in relation to the total number of events, often expressed as a percentage or fraction.