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If it were discovered that the unemployment rate for Country
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08 Oct 2018, 13:39
08 Oct 2018, 13:39
Expert Reply
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Question Stats:
38% (01:16) correct
61% (01:56) wrong based on 18 sessions
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If it were discovered that the unemployment rate for Country Y shown for 2003 was incorrect and should have been 6% instead, then the average (arithmetic mean) unemployment rate per year for the 10 years shown would have been off by approximately how many percentage points?
A. 0.25
B. 0.3
C. 2.5
D. 3
E. 25
Re: If it were discovered that the unemployment rate for Country
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02 Jul 2019, 00:46
02 Jul 2019, 00:46
How can we call it APPROXIMATION as the number count to the highest precision ?
Re: If it were discovered that the unemployment rate for Country
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02 Jul 2019, 01:09
02 Jul 2019, 01:09
Expert Reply
Because in certain years such as 2001 the data points are not integers (3.5)
The average cannot be an integer as well. For this they use \(\approx\)
The average cannot be an integer as well. For this they use \(\approx\)
