The Bureau of Labor Statistics1 in the US tells us that, in 2010, the unemployment rate for high school graduates with no college degree is 9.7 % while the unemployment rate for college graduates with a bachelor’s degree is only 5.2 %. Find the difference in proportions of those unemployed between these two groups and give the correct notation for the difference, with a minus sign. Since the data come from the census, you can assume that the values are from a population rather than a sample. Use the correct notation for population proportions and use subscripts on the proportions to identify the two groups. Assume high school graduates with no college degree are group 1 and college graduates with a bachelor's degree are group 2. 1Thompson, D., ‘‘What’s More Expensive than College?

Respuesta :

Answer:

The difference is [tex]p= 0.045[/tex]

Step-by-step explanation:

From the question we are told that

The proportion unemployment rate for high graduated is [tex] p_1 = 0.097[/tex]

The proportion unemployment rate for college graduate is [tex] p_2 = 0.052[/tex]

Generally the difference in proportions of those unemployed between these two groups is mathematically represented as

[tex]p= p_1 - p_2[/tex]

=> [tex]p= 0.097- 0.052[/tex]

=> [tex]p= 0.045[/tex]