Answer:
The expected participation rate is 0.637.
The standard error is 0.04397
Step-by-step explanation:
For each working age people asked, there are only two possible outcomes. Either they are in the labor force, or they are not. This means that we can solve this problem using binomial distribution probability concepts.
Binomial probability:
Expected value for the participation rate: The expected value is the probability of a success. In this problem, a success is a working age people being in the labor force. 63.7% of them are. So
. This means that the expected participation rate is 0.637.
Standard error for the participation rate:
The standard error is given by the following formula:
.
In this problem, 120 people are asked, so 
.
So the standard error is 0.04397
Answer:
its 16
Step-by-step explanation:
Answer:

Step-by-step explanation:
Let
c -----> the additional amount (in dollars) David will spend
we know that
The word " at most" in this context means "less than or equal to"
The amount David has spent plus possible additional amounts he will spend must be less than or equal to $39
so
The inequality that represent this situation is

solve for c
subtract 22 both sides


The maximum amount he could spend is $17
The distance between 1 - 10 1/4
____________________
1 - 10 1/4 = -9 1/4
_________________________
Answer
-9 1/4
9 1/4 (in absolute value)