The unemployment rate among the people of the Navajo nation is 40%. Find the
expected number of unemployed people in a random sample of 20 people from the
Navaho nation.
We have here, n = 20 and p = 0.40


| Therefore, the expected number of unemployed people in a random sample of 20 people from the Navaho nation = 8 |
The unemployment rate among the people of the Navajo nation is 40%. Find the expected number...
A local county has an unemployment rate of 4.1%. A random sample of 20 employable people are picked at random from the county and are asked if they are employed. Round answers to 4 decimal places. a) Find the probability that exactly 4 in the sample are unemployed. b) Find the probability that there are fewer than 4 in the sample are unemployed. c) Find the probability that there are more than 1 in the sample are unemployed. d) Find...
A local county has an unemployment rate of 4.1%. A random sample of 17 employable people are picked at random from the county and are asked if they are employed. Round answers to 4 decimal places. a) Find the probability that exactly 4 in the sample are unemployed. b) Find the probability that there are fewer than 2 in the sample are unemployed. c) Find the probability that there are more than 2 in the sample are unemployed. d) Find...
A local county has an unemployment rate of 8%. A random sample of 15 employable people are picked at random from the county and are asked if they are employed. The distribution is a binomial. Round answers to 4 decimal places. a) Find the probability that exactly 5 in the sample are unemployed. b) Find the probability that there are fewer than 2 in the sample are unemployed. c) Find the probability that there are more than 1 in the...
A local county has an unemployment rate of 6.2%. A random sample
of 19 employable people are picked at random from the county and
are asked if they are employed. The distribution is a binomial.
Round answers to 4 decimal places.
a) Find the probability that exactly 2 in the sample are
unemployed.
b) Find the probability that there are fewer than 3 in the
sample are unemployed.
c) Find the probability that there are more than 4 in the...
The unemployment rate in a city is 14%. If 9 people from the city are sampled at random, find the probability that at least 3 of them are unemployed.
This Question: 1 pt 20 of 26 The unemployment rate is defined as Number of people unemployed Unemployment rate Number of people in the labour force a. Explain why people may decide to join the labour force during booms People may decide to join the labour force during booms because A social assistance declines sharply during the booms and people are looking for additional income B. there is a rise in productivity hence more workers are required in the labour...
The average unemployment rate in Ohio in March 2017 was 3.2%. Assume that 500 employable people in Ohio were selected randomly in March 2017. What is the expected value of the number of people in the sample who were unemployed?
Calculate unemployment rate if adult population of the nation is 800 people of which 450 people are working and 30 are looking for working.
1. Find data from the Bureau of Labor Statistics website (www.bls.gov) indicating the current unemployment rate in the United States. How many people are actually unemployed? What kind of unemployment would you say most of these people are? Why? Unemployment Rate: _______________ Number unemployed: ________________
Suppose the economy has a population of 40 million people and a labor force participation rate of 50%. Furthermore, suppose the natural rate of unemployment in the economy is 7%. If the current number of unemployed people is 3 million people, what is the rate of cyclical unemployment rate? Answer: % Your Answer: