According to the U.S. Bureau of Labor Statistics, 5.8% of the U.S. labor force was unemployed in
Question:
According to the U.S. Bureau of Labor Statistics, 5.8% of the U.S. labor force was unemployed in 2002.
(a) What is the probability that a randomly selected member of the U.S. labor force was unemployed in 2002?
(b) What is the probability that a randomly selected member of the U.S. labor force was not unemployed in 2002?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 25% (8 reviews)
a Punemploye...View the full answer
Answered By
Charles mwangi
I am a postgraduate in chemistry (Industrial chemistry with management),with writing experience for more than 3 years.I have specialized in content development,questions,term papers and assignments.Majoring in chemistry,information science,management,human resource management,accounting,business law,marketing,psychology,excl expert ,education and engineering.I have tutored in other different platforms where my DNA includes three key aspects i.e,quality papers,timely and free from any academic malpractices.I frequently engage clients in each and every step to ensure quality service delivery.This is to ensure sustainability of the tutoring aspects as well as the credibility of the platform.
4.30+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
According to the U.S. Bureau of Labor Statistics, 75% of the women 25 through 49 years of age participate in the labor force. Suppose 78% of the women in that age group are married. Suppose also that...
-
According to the U.S. Bureau of Labor Statistics, 20% of all people 16 years of age or older do volunteer work. In this age group, women volunteer slightly more than men, with 22% of women...
-
According to the U.S. Bureau of Labor Statistics, the average weekly earnings of a production worker in July 2011 were $657.49.Suppose a labor researcher wants to test to determine whether this...
-
In Problems 1158, perform the indicated operation, and write each expression in the standard form a + bi. 1-9 1 + i
-
Why do economists believe short-run marginal cost curves have positive slopes? Why does this belief lead to the notion that short-run supply curves have positive slopes? What kind of signal does a...
-
What were the dollar and percentage changes in Rozzi?s Gift Shop?s net working capital during 2017 and 2018? Is this trend favorable or unfavorable? 2017 2016 2018 Total Current Assets Total Current...
-
Define a sequence of correlated random numbers \[ s_{k}=\alpha s_{k-1}+(1-\alpha) r_{k} \] where \(r_{k}\) is a unit-variance, uncorrelated, Gaussian pseudorandom number while \(0
-
Doug's Custom Construction Company is considering three new projects, each requiring an equipment investment of $22,000. Each project will last for 3 years and produce the following net annual cash...
-
Robert purchased US$15,000 from a bank in America, which charged him a commission of 0.9%, and sold the US dollars to a bank in Canada, which charged him a 0.24% commission. How much money did he...
-
What are the four kinds of resources?
-
According to the U.S. National Center for Health Statistics, 29% of all deaths in 2001 were due to heart disease. (a) What is the probability that a randomly selected death in 2001 was due to heart...
-
From a box containing three 40-watt bulbs, six 60-watt bulbs, and eleven 75-watt bulbs, a bulb is drawn at random. What is the probability that the bulb is 40 watts? What is the probability that it...
-
In Problems 1724, write a formula to express the given relation. The area A of a trapezoid is the product of one-half the height h and the sum of the bases a and b.
-
Lana finished the race in 13.2 seconds. If 84 other girls ran in the event, approximately how many runners did she beat?
-
A certain beach has 400 yards of sand, but erosion is decreasing it by 30% each year. Which expression represents the amount of beach as a function of time? Use the formula A(t)=a(1+-r)^(t).
-
Simplify the expression (1)/(1+cosx)+(1)/(1-cosx) into one term involving one trigonometric function without fractions.
-
The number of girls at a small high school is 60 greater than the number of boys. If there are 1250 total students, how many girls are there?
-
Maggie's Manpower Moving (MMM) is launching a new project. Depending on the success of the project next year MMM will be worth $90 million, $150 million or $200 million with equal probability. Assume...
-
In discussing the reduction of air pollution in the developing world, Richard Fuller of the Blacksmith Institute, an environmental organization, observed, "It's the 90/10 rule. To do 90 percent of...
-
A copper rod of length L =18.0 in is to be twisted by torques T (see figure) until the angle of rotation between the ends of the rod is 3.08. (a) If the allowable shear strain in the copper is 0.0006...
-
In Problems 1542, solve each system of equations using Cramers Rule if it is applicable. If Cramers Rule is not applicable, write, Not applicable. x + 3y = 5 2x - 3y = -8
-
In Problems 1750, find the partial fraction decomposition of each rational expression. 3x (x + 2)(x-1)
-
In Problems 1750, find the partial fraction decomposition of each rational expression. 4 x(x - 1)
-
In the Queries section of the Navigation Pane, right-click Stone Mountain Patients to select it and display the shortcut menu. 3. Click Copy on the shortcut menu. 4. Right-click the empty area near...
-
What is 'audit risk', and discuss/analyze the components of audit risk. b. List the four (4) things involved in the initial audit planning and which should be done early in the audit.
-
K Internal control is a plan of organization and a system of procedures, implemented by company. A. external auditors; management B. external auditors; board of directors OC. internal auditors;...
Study smarter with the SolutionInn App