In a Country with a Working-Age Population of 20 Million,13

question 107

Multiple Choice

In a country with a working-age population of 20 million,13 million are employed,1.5 million are unemployed,and 1 million of the employed are working part-time,half of whom wish to work full-time.The labour force participation rate is

• A)75.5 percent.
• B)72.5 percent.
• C)65 percent.
• D)57.5 percent.
• E)none of the above.

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Definitions:

Variance

A measure of the distribution of data points in a data set around the mean, indicating how spread out the data points are.

Z-score

A statistical measure representing the number of standard deviations a data point is from the mean of its data set, used in standardizing scores for comparison.

Probability Sampling

Sampling based on random selection of the sample units.

Convenience Sampling

Sampling based on convenience to the researcher.