According to a Department of Labor Report,the City of Detroit

question 8

Multiple Choice

According to a Department of Labor report,the city of Detroit had a 20% unemployment rate in May of 2011.Eight working-age residents were chosen at random.What is the probability that exactly one of the residents was unemployed?

• A) 0.0419
• B) 0.1678
• C) 0.2936
• D) 0.3355

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Definitions:

Industrial Countries

Nations with highly developed economies characterized by significant industrial activity, advanced technology, and a high standard of living.

Labor-Intensive Service Sector

A segment of the economy that relies heavily on human labor rather than machinery to provide services.

Manufacturing Productivity

The measure of output produced per labor hour in the manufacturing sector.

Per Capita

A statistical measure that divides an aggregate figure by the number of people in the population to provide a per-person average.