1. If the location quotient (LQ) of employment in the furniture industry for Guilford county is greater than 1, it means that (a) There is a relative concentration of workers in the industry in the county compared to the state (NC). (b) The county's share of furniture employment mirrors the state's share in the industry. (c) The county's share of furniture employment is lower than that found in the state. (d) none of the above 2. When two variables are highly correlated, it implies that Pa) changes in one variable are caused by the other. 6 the two variables have a strong linear relationship. the relationship of the two variables can be shown as a circle. all of the above ubiesn 3. If, compared to the entire state (NC), Forsyth county shows a relative concentration of employment in the tobacco industry, then (a) the location quotient (LQ) of employment in the industry for the county is equal to (b) the location quotient (LQ) of employment in the industry for the county is less thar (c) the location quotient (LQ) of employment in the industry for the county is greater (d) none of the above 4. If a country's wealth is concentrated in 1% of its population, a) its Gini index value is close to 0.
1. If the location quotient (LQ) of employment in the furniture industry for Guilford county is greater than 1, it means that (a) There is a relative concentration of workers in the industry in the county compared to the state (NC). (b) The county's share of furniture employment mirrors the state's share in the industry. (c) The county's share of furniture employment is lower than that found in the state. (d) none of the above 2. When two variables are highly correlated, it implies that Pa) changes in one variable are caused by the other. 6 the two variables have a strong linear relationship. the relationship of the two variables can be shown as a circle. all of the above ubiesn 3. If, compared to the entire state (NC), Forsyth county shows a relative concentration of employment in the tobacco industry, then (a) the location quotient (LQ) of employment in the industry for the county is equal to (b) the location quotient (LQ) of employment in the industry for the county is less thar (c) the location quotient (LQ) of employment in the industry for the county is greater (d) none of the above 4. If a country's wealth is concentrated in 1% of its population, a) its Gini index value is close to 0.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Can someone walk me through how to find this using excel? I am studying for my final and I am so lost on the first one. The PowerPoint from class is not helping either
Transcribed Image Text:1. If the location quotient (LQ) of employment in the furniture industry for Guilford county is
greater than 1, it means that
(a) There is a relative concentration of workers in the industry in the county compared to the
state (NC).
(b) The county's share of furniture employment mirrors the state's share in the industry.
(c) The county's share of furniture employment is lower than that found in the state.
(d) none of the above
2. When two variables are highly correlated, it implies that
Pa) changes in one variable are caused by the other.
6 the two variables have a strong linear relationship.
the relationship of the two variables can be shown as a circle.
(h all of the above
o) elsubiean
3. If, compared to the entire state (NC), Forsyth county shows a relative concentration of
employment in the tobacco industry, then
(a) the location quotient (LQ) of employment in the industry for the county is equal to 1.
(b) the location quotient (LQ) of employment in the industry for the county is less than 1.
(c) the location quotient (LQ) of employment in the industry for the county is greater than 1.
(d) none of the above
4. If a country's wealth is concentrated in 1% of its population,
(a) its Gini index value is close to 0.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman