Self-employed in Finland. Based on a random sample drawn twice a year from the Statistics Finland population
Question:
Self-employed in Finland. Based on a random sample drawn twice a year from the Statistics Finland population database, the Labour Force Survey collects statistical data on the participation in work, employment, unemployment and activity of persons outside the labor force among the population aged between 15 and 89. According to Appendix table 11 of the 2020 survey, the number of employed people between the ages of 15 and 74 years decreased from 2019 to 2020 and the number of self-employed people decreased by about one percentage point. Samples were selected from the respective years. In 2019, the total number of employees, persons aged 15–74 years, was 2,220,000 and a total of 345,000 self-employed people. In 2020, there were 2,189,000 employed people in the same age group and 340,000 self-employed people. Use this information to estimate the self-employment rate for 2019 and 2020 and determine whether the results of the survey are accurate.
Step by Step Answer:
Statistics For Business And Economics
ISBN: 9781292413396
14th Global Edition
Authors: James McClave, P. Benson, Terry Sincich