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3 years ago

11

Why is it useful to identify or analyze occupational and industrial trends when considering your career path

2 answers:

Anettt [7]3 years ago

8 0

When you are considering your professional future, sometimes we are undecided because we have a lot of options that seems perfect and matching with our skills and preferences. We have not decided yet what do we want to do for living.

Yet, the occupational and industrial trends are sometimes important information/aspects that we can review to make a decision if we are in troubles to decide. This trends contain information about employment, career exploration, education and training development plans and economic development. This can helps us to consider potential scenarios in our near future.

marin [14]3 years ago

5 0

It is useful. i mean because ull know how well ur going to do in the industry ur joining. if the industry is doing wee ur likely to be paid more.

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hichkok12 [17]

Answer:

$MoE = 1.645\cdot \frac{13.1}{\sqrt{772} } \\\\MoE = 1.645\cdot 0.47147\\\\MoE = 0.776\\\\$

Step-by-step explanation:

Since the sample size is quite large, we can use the z-distribution.

The margin of error is given by

$MoE = z_{\alpha/2}(\frac{s}{\sqrt{n} } )$

Where n is the sample size, s is the sample standard deviation and $z_{\alpha/2}$ is the z-score corresponding to a 90% confidence level.

The z-score corresponding to a 90% confidence level is

Significance level = α = 1 - 0.90= 0.10/2 = 0.05

From the z-table at α = 0.05

z-score = 1.645

$MoE = 1.645\cdot \frac{13.1}{\sqrt{772} } \\\\MoE = 1.645\cdot 0.47147\\\\MoE = 0.776\\\\$

Therefore, the margin of error is 0.776.

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