Calculate the labor-force participation rate

Assignment Help Operation Management
Reference no: EM1390020

Suppose that the country of Bigu has a population of 127 million, of which 83 million are in working- age population. of those, 2.5 million are not in the labor force and 52 million are employed.

A. Calculate the working-age population as percentage of the population.

B.Calculate the labor-force participation rate.

C. Calculate the unemployment rate

Reference no: EM1390020

Questions Cloud

Approximate population mean : Rhe frequency distribution summarizes a sample of times (in minutes) between eruptions of a cretain geyser. Find the approximate population mean and approximate population standard deviation of the data.
Proportion of defective items in a large shipment : When sampling is done for the proportion of defective items in a large shipment, where the population proportion is 0.18 and the sample size is 200, what is the probability that the sample proportion will be at least 0.20?
Detect subtle variations in local magnetic fields : The mythical Eurasian magnetic pinching beetle is able to manufacture and detect subtle variations in local magnetic fields. Male magnetic pinching beetles provide extensive parental care;
Distribution of samples : The Appliance Center has six sales representatives at their North Jacksonville outlet. Listed below is the number of refrigerators sold by each last month.
Calculate the labor-force participation rate : Calculate the working-age population as percentage of the population. Calculate the labor-force participation rate.
Data screening related to the assumptions of statistic : How is data screening related to the assumptions of the statistic you will choose to analyze your data?
Precision scientific instrument company : The Precision Scientific Instrument Company manufactures thermometers which are supposed to give readings of 0o C at the freezing point of water.
Purpose of the plyvalent anitgen solution : Discuss the purpose of the plyvalent anitgen solution? What results are desired? What would invalidate the test?
Guidlines of the federal reserve and the justice department : Under the standard merger guidlines of the Federal Reserve and the Justice Department, is the merger likely to be approved?

Reviews

Write a Review

Operation Management Questions & Answers

  Formulate a capital budgeting problem

Formulate a capital budgeting problem for the above situation by determining (a) The decision variables. (b) The objective function.

  Elucidate what effect on ralsoolph corporate beta

Elucidate what effect would this have, over time, on Ralsoolph's corporate beta also on overall cost of capital.

  Selecting the topic for research proposal

Explain the process of generating and selecting topics for your research proposal. What is the difference between the research paper, research proposal, and term paper?

  Illustrate what is order point

A part used to repair machines has a normally distributed monthly demand with a mean of 65.0 and a standard deviation of 5.2. If lead-time is so predictable that it can be considered a constant 0.25 month and service level is 90 per cent: Illustra..

  Illustrate what impact might such a sticker have

Think back to the executive who recognized employees with motivational stickers, like "Dynamite." Illustrate what impact might such a sticker have on your job performance also satisfaction.

  Market research explained solution

Let's say your market research firm is hired to assist retail store that is interested in revamping their overall store format in an effort to keep people in their store longer.

  Estimates can be used as crash times

If it were necessary to crash to 250 or 240 days, explain how would Hill do so also at illustrate what costs. As noted in the case, Assume which optimistic time estimates can be used as crash times.

  Illustrate what are some of things that might restrict

There is no word count. Illustrate what are some of things that might restrict transportation on our highways. Illustrate what level of government agency normally controls restriction.

  What are the pros and cons of reserved parking

What are the pros and cons of reserved parking from an expectancy theory perspective? What are the pros and cons of reserved parking from an equity theory perspective?

  Explain how would you handle this situation

You are a new CEO of a large business. Your supply chain department managers are very good; explain however, they have a hard time cooperating with each or on mutual business goals. Each 1 tries to maximize their areas results. Explain how would y..

  Xplain why does the problem exist

Even when the hotel is already booked, the manager continue tell staffs take reservations also walk-in customers. Because of this, the hotel does not have the rooms available when the guaranteed reservation clients arrive. Explain why does the pro..

  Write down an operational plan

You have to select a organization of your choice, and after that you have to write down an Operational Plan which addresses the following

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd