Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Labor force participation among women rose in the United States between 1975 and 2000 and has beeen declining ever since. According to the U.S. Bureau

Labor force participation among women rose in the United States between 1975 and 2000 and has beeen declining ever since. According to the U.S. Bureau of Labor Statistics, 58% of women were in the labor force in 2015.

  1. If 90 working age women are randomly selected, what is the probability that between 52% and 61% are in the labor force? Round your answer to 4 decimal places.
  2. If 150 working age women are randomly selected, what is the probability that between 52% and 61% are in the labor force? Round your answer to 4 decimal places.
  3. Why did the probability increase?

  • The probability increased since the sample size increased and the distribution of sample proportions is more spread out.
  • The probability increased since the sample size increased and the sample proportions are more concentrated near the true labor force participation rate of 58%58%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Linear Algebra With Applications

Authors: Gareth Williams

7th Edition

0763790923, 9780763790929

More Books

Students also viewed these Mathematics questions