Older people often have a hard time finding work. A research group reported on the number...
Older people often have a hard time finding work. A research group reported on the number of weeks it takes a worker aged 55 plus to find a job. The data on number of weeks spent searching for a job is given in the table below. 21 14 51 16 17 14 16 12 48 0 27 17 32 24 12 10 52 21 26 14 13 24 19 28 26 26 10 21 44 36 22 39 17 17 10 19 16 22 5 22 (a) Provide a point estimate of the population mean number of weeks it takes a worker aged 55 plus to find a job.
Homework Answers
solution:-
(a) point estimate of the population mean
=> sum of terms / number of terms
= (21+14+51+16+17+14+16+12+48+0+27+17+32+24+12+10+52+21+26+14+13+24+19+28+26+26+10+21+44+36+22+39+17+17+10+19+16+22+5+22)/40
= 880/40
= 22
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