Instruction 12-3
the Director of Cooperative Education at a University $$\begin{array} { c c c } \text { Student } & \text { CoopJobs } & \text { JobOffer } \\1 & 1 & 4 \\2 & 2 & 6 \\3 & 1 & 3 \\4 & 0 & 1\end{array}$$

question 39

Short Answer

Instruction 12-3
The director of cooperative education at a university wants to examine the effect of cooperative education job experience on marketability in the workplace.She takes a random sample of four students.For these four,she finds out how many times each had a cooperative education job and how many job offers they received upon graduation.These data are presented in the table below.
$$\begin{array} { c c c } \text { Student } & \text { CoopJobs } & \text { JobOffer } \\1 & 1 & 4 \\2 & 2 & 6 \\3 & 1 & 3 \\4 & 0 & 1\end{array}$$
-Referring to Instruction 12-3,the standard error of estimate is ________.

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Definitions:

Pure Capitalism

An economic system purely driven by market forces with minimal governmental intervention, where private individuals and firms control the production and distribution of goods.

Central Planning

An economic system where key decisions about production, distribution, and consumption of goods and services are made by the government or a central authority.

Shift Inward

A situation in economics where the supply curve moves towards the origin, indicating a decrease in supply at every price level.

Unemployment Rate

The number unemployed as a percentage of the labor force.