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Each Month the Bureau of Labor Statistics Reports the Number

question 11

Essay

Each month the Bureau of Labor Statistics reports the number of people (in thousands)employed in the United States by age.The accompanying frequency distribution shows the results for August 2011 (Source: http://data.bls.gov/pdq/SurveyOutputServlet). Each month the Bureau of Labor Statistics reports the number of people (in thousands)employed in the United States by age.The accompanying frequency distribution shows the results for August 2011 (Source: http://data.bls.gov/pdq/SurveyOutputServlet).   a.Construct a relative frequency distribution.What proportion of workers is between 20 and 24 years old? B)Construct a cumulative relative frequency distribution.What proportion of workers is younger than 35 years old? C)Construct a relative frequency histogram. a.Construct a relative frequency distribution.What proportion of workers is between 20 and 24 years old?
B)Construct a cumulative relative frequency distribution.What proportion of workers is younger than 35 years old?
C)Construct a relative frequency histogram.


Definitions:

Applicable Laws

The set of relevant laws and regulations that apply within the jurisdiction of a business operation or transaction.

Sarbanes-Oxley Act

A U.S. law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to securities laws.

Sole Proprietorships

A rephrasing of proprietorship; a business structure where a single individual owns and runs the business, bearing all profits and responsibilities.

Internal Controls

The policies and procedures used to safeguard assets, ensure accurate business information, and ensure compliance with laws and regulations.

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