The table below shows US unemployment rates by educational level for individuals 25 years and older in

Question:

The table below shows US unemployment rates by educational level for individuals 25 years and older in September 2011

Use a weighted average approach to determine the overall unemployment rate (for those 25 years and older) for this month.

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Understanding Business Statistics

ISBN: 978-1118145258

1st edition

Authors: Stacey Jones, Tim Bergquist, Ned Freed

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Question Posted: Jul 16, 2015 03:55 PM

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The table below shows US unemployment rates by educational level for individuals 25 years and older in

Question:

Number in Labor Force Unemployment (millions) Education Less than H.S. Diploma H.S. Grad, No College Some College or Assoc Degree Bachelors Degree or higher Rate (%) 11.8 37.2 37.2 47.0 13.0 9.1 8.3 4.2

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Weighted Average 749 So ...View the full answer

Understanding Business Statistics

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