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Applied Statistics Use the following to answer questions Problem 2: Employment statistics in the US are...

Applied Statistics

Use the following to answer questions

Problem 2:

Employment statistics in the US are often based on two nationwide monthly surveys: the Current Population Survey (CPS) and the Current Employment Statistics (CES) survey. The CPS samples approximately 60,000 US households and collects the employment status, job type, and demographic information of each resident in the household. The CES survey samples 140,000 non-farm businesses and government agencies and collects the number of payrolls jobs, pay rates, and related information for each firm.

a. What is the population in the CPS survey?

b. What is the population in the CES survey?

math   Statistics-And-Probability   
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Answer #1

(a)

The population in the CPS survey is

All residents in the US households.

(b)

The population in the CES survey is:

All non-farm businesses and government agencies

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