Question 12 0 / 2 pts Incorrect Question 13 0 / 2 pts Continued. In 2010, median duration calculated from the raw data was 21.4 weeks (from Now let's discuss the concept of the duration of unemployment. The Current Population the table above). If the modification had been in place in 2010, would the median have Survey (CPS) asks how many weeks (including the reference week of the survey) an been bigger, smaller, or the same? unemployed person has been continuously looking for work. (For a person on layoff, duration is the number of full weeks they have been on layoff.) bigger Duration refers to spells of unemployment that are ongoing. These data do not measure, for people who just started a job, how long it took them to find the job (how long they smaller had been unemployed), or, for people who just dropped out of the labor force, how long they searched for a job before dropping out. same In 2011, the CPS modified their survey to allow respondents to report unemployment durations up to 5 years, (see https://www.bls.gov/cps/duration.htm & if you're interested in following up). Previously, the longest duration a respondent could report was 2 years. In the last three months of 2010, almost 11% of unemployed persons had been looking Incorrect Question 14 0 / 2 pts for work for 2 years or more. At that point, the unemployment rate still was very high due to the Great Recession of 2008-9. This prompted the modification. Suppose the table above had an additional class interval at upper end. Suppose the class In 2010, mean duration calculated from the raw data was 33.9 weeks (from the table intervals were: less than 5 weeks, 5 to