The Following Table Classifies 100 Individuals Using Two Variables, Gender

question 26

Multiple Choice

The following table classifies 100 individuals using two variables, gender and college attended. What is this two-way classification called?

• A)Goodness-of-fit test
• B)Frequency table
• C)ANOVA table
• D)Contingency table

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Definitions:

Surplus Of Labor

An excess supply of labor in the job market, where the number of workers seeking employment exceeds the number of job vacancies.

Surplus Of Workers

A situation in the labor market where the number of individuals looking for employment exceeds the number of available jobs, often leading to higher unemployment rates.

Signaling Theory

A theoretical framework that explains how individuals or entities use certain signals or indicators to show their desirable qualities in various markets, including job and education markets.

Human-Capital Theory

An economic framework that suggests the accumulation of education, training, and health can improve workers' productivity and thus the economic output of a nation.