× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
1
a
1
New Topic  
kellymarie_52 kellymarie_52
wrote...
Posts: 1
Rep: 0 0
11 years ago
The Bureau of Labor Statistics estimates the unemployment rate in the United States monthly by surveying 60,000 individuals. 
a)   In one month, 3.4% of the 60,000 individuals surveyed are found to be unemployed. Find the margin of error for this estimate.  _______________________
b)   Suppose that the number of individuals surveyed were increased by a factor of four (to 240,000). By how much would the margin of error change? _______________________
c)   Suppose that the number of individuals surveyed were decreased by a factor of four (to 15,000). By how much would the margin of error change?
Read 837 times
3 Replies

Related Topics

Replies
wrote...
11 years ago
Hi Kelly, was the standard deviation given? I think you need that to answer this. Furthermore, we're assuming 95% confidence, right?
Biology - The only science where multiplication and division mean the same thing.
wrote...
11 years ago
Yes, it is 95% this is all the information I was given on the question.
wrote...
11 years ago
a)   In one month, 3.4% of the 60,000 individuals surveyed are found to be unemployed. Find the margin of error for this estimate.  ___________________ ____

Really wouldn't know how to answer this other that to multiple 0.034 by 60,000 to see the number of unemployed.

Sorry Undecided Hope someone else can chime in.
Biology - The only science where multiplication and division mean the same thing.
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1030 People Browsing
Related Images
  
 973
  
 709
  
 373
Your Opinion