Employers Often List a 4-Year College Degree as a Requirement

question 5

Essay

Employers often list a 4-year college degree as a requirement for those applying for certain jobs.Is this practice consistent with the screening explanation for education,the human capital story,both,or neither? Explain.

---

Definitions:

Bootstrap

A statistical method that involves drawing repeated samples from a set to estimate a characteristic of the population from which it was drawn.

Standard Error

A statistical term that measures the accuracy with which a sample distribution represents a population using the sample mean.

Statistic

A numerical measurement or datum derived from a sample of a population, often used in statistical analyses to infer properties about the entire population.

Resamples

The process of drawing repeated samples from a set of observed data, often used in bootstrapping and other non-parametric statistical methods.