Refer to the Following Figure to Answer

question 70

Multiple Choice

Refer to the following figure to answer
Figure 7.1: U.S. Unemployment Rate: 1975-2012 (Source: U.S. Bureau of Labor Statistics)
-Using Figure 7.1, identify the year of the peak of the boom:

• A) 1982
• B) 1992
• C) 2005
• D) 2010
• E) 1990

---

Definitions:

Sample Means

The average value of a set of samples from a population.

Freshmen

First-year students at a high school, college, or university.

Simple Random Sample

A sample in which each member of the population has an equal chance of being selected, ensuring that the sample accurately reflects the population from which it is drawn.

Probability

The quantification of the probability of an event happening, represented by a numerical value ranging from 0 to 1.