Refer to the Following Table to Answer
Table

question 59

Multiple Choice

Refer to the following table to answer
Table 7.1: U.S. Employment Status (in thousands)
$$\begin{array} { l r r } & \text { Jan 2012 } & \text { Jan 2013 } \\\hline \text { Civilian noninstitutionalized } & & \\\text { population } & 242,269 & 244,663 \\\text { Unemployed } & 12,748 & 12,332 \\\text { Employed } & 141,608 & 143,322 \\\text { Not in Labor Force } & 87,913 & 89,008 \\\hline\end{array}$$
-Consider Table 7.1. In January 2012, the employment population ratio was:

• A) 63.7 percent
• B) 8.3 percent
• C) 36.3 percent
• D) 58.5 percent
• E) 9.0 percent

Distinguish between point and interval estimates.

Identify characteristics of good estimators: unbiasedness, consistency, and relative efficiency.

Define and differentiate between consistency and unbiasedness of estimators.

Identify the criteria for choosing between different estimators.

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Definitions:

Income Ratio

A financial metric that compares different streams of income to assess financial performance or profitability.

Capital Balances

Capital balances indicate the amount of equity a partner or shareholder has in a business, reflecting the net contributions and withdrawals, plus their share of profits or losses.

Income and Losses

Income and losses refer to the financial results of a company's operations, with income indicating profit and losses indicating expenses exceeding revenues.

Capital Interest

The portion of an investment or interest in a partnership that represents the owner's or partner's share of the capital.