The employment status (employed or unemployed) of each individual in the U.S. workforce is a set of

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The employment status (employed or unemployed) of each individual in the U.S. workforce is a set of data that is of interest to economists, business people, and sociologists. To obtain information about the employment status of the workforce, the U.S. Bureau of the Census conducts what is known as the Current Population Survey. Each month interviewers visit about 50,000 of the 117 million households in the United States and question the occupants over 14 years of age about their employment status. Their responses enable the Bureau of the Census to estimate the percentage of people in the labor force who are unemployed (the unemployment rate).
a. Define the population of interest to the Census Bureau.
b. What variable is being measured? Is it quantitative or qualitative?
c. Is the problem of interest to the Census Bureau descriptive or inferential?
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Statistics For Business And Economics

ISBN: 9780321826237

12th Edition

Authors: James T. McClave, P. George Benson, Terry T Sincich

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