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An office manager wishes to survey 5 of her 20 employees for whom she is responsible.She assigns each of the 20 employees a number and writes the number on 20 identical but separate pieces of paper.She places the 20 paper pieces in a hat,mixes them up,and then blindly draws five numbers to determine which five employees are included in the sample.If the slips of paper are identical and the selection of each is blind,is this a simple random sample of size 5?
Discouraged Workers
Individuals not actively searching for employment due to believing no jobs are available for them.
Labor Force
The total number of people employed or actively seeking employment in a particular country or region.
Unemployed
Refers to individuals who are capable of working, actively seeking work, but unable to find a job.
Inflation
Inflation is the rate at which the general level of prices for goods and services is rising, leading to a decrease in purchasing power.
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