ix. All workers in the U.S. who have participated in the job-sharing program.
2. State Unemployment. The Bureau of Labor Statistics randomly surveys Iowa residents (16 & older) each month to get a representation of the statewide unemployment rate. These surveys help to estimate the number of individuals 16 and older who are employed, unemployed, or not in the labor force. The unemployment rate is calculated by taking the number of individuals who are reportedly unemployed and dividing it by the total work force (unemployed + employed). Individuals who are classified as "not in the labor force" will NOT be included in this calculation. 2,300 randomly chosen Iowa residents (16 & older) were given this survey in January of 2018. Of the survey respondents, 276 were classified as "not in the labor force," 57 were classified as "unemployed," and 1,967 were classified as "employed." For each of the questions, select the correct answer from choices i. through viii. listed below.
(a) What is the population of interest?
(b) What is the sample?
(c) What is the parameter?
(d) What is the statistic?
Answer choices:
i. All people living in Iowa in January of 2018.
ii. The unemployment rate for all Iowa residents who are 16 & older.
iii. The 276 Iowa residents (16 & older) classified as "not in the labor force."
iv. 2.8% or (57 classified as "unemployed") ÷ (57 classified as "unemployed" + 1,967 classified as "employed").
v. All Iowa residents who are 16 & older in January of 2018.
vi. 2.5% or (57 classified as "unemployed") ÷ (2,300 residents surveyed).
vii. The unemployment rate for all Iowa residents who are 16 & older in January of 2018.
viii. The 2,300 randomly chosen Iowa residents (16 & older) in January of 2018.