Labor force participation among women rose in the United States between 1975 and 2000 and has beeen declining ever since. According to the U.S. Bureau of Labor Statistics, 58% of women were in the labor force in 2015. 1. If 70 working age women are randomly selected, what is the probability that between 52% and 62% are in the labor force? Round your answer to 4 decimal places. 2. If 160 working age women are randomly selected, what is the probability that between 52% and 62% are in the labor force? Round your answer to 4 decimal places. 3. Why did the probability increase? The probability increased since the sample size increased and the sample proportions are more concentrated near the true labor force participation rate of 58 %. O The probability increased since the sample size increased and the distribution of sample proportions is more spread out. Submit Question L
Labor force participation among women rose in the United States between 1975 and 2000 and has beeen declining ever since. According to the U.S. Bureau of Labor Statistics, 58% of women were in the labor force in 2015. 1. If 70 working age women are randomly selected, what is the probability that between 52% and 62% are in the labor force? Round your answer to 4 decimal places. 2. If 160 working age women are randomly selected, what is the probability that between 52% and 62% are in the labor force? Round your answer to 4 decimal places. 3. Why did the probability increase? The probability increased since the sample size increased and the sample proportions are more concentrated near the true labor force participation rate of 58 %. O The probability increased since the sample size increased and the distribution of sample proportions is more spread out. Submit Question L
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 50E: Flexible Work Hours In a recent survey, people were asked whether they would prefer to work flexible...
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