Chapter 1, Section 2, Exercise 062 Employment Surveys Employment statistics in the US are often based on two nationwide monthly surveys: the Current Population Survey (CPS) and the Current Employment Statistics (CES) survey. The CPS samples approximately 60,000 US households and collects the employment status, job type, and demographic information of each resident in the household. The CES survey samples 140,000 non-farm businesses and government agencies and collects the number of payroll jobs, pay rates, and related information for each firm. (a) What is the population in the CPS survey? All US households The 60,000 US households surveyed All non-farm business and government agencies The 140,000 non-farm businesses and government agencies surveyed (b) What is the population in the CES survey? All US households The 60,000 US households surveyed All non-farm business and government agencies The 140,000 non-farm businesses and government agencies surveyed (c) For each of the following statistical questions, state whether the results from the CPS or CES survey would be more relevant. i. Do larger companies tend to have higher salaries? ii. What percentage of Americans are self-employed? iii. Are married men more or less likely to be employed than single men?

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter6: Systems Of Equations And Inequalities

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Chapter 1, Section 2, Exercise 062

Employment Surveys

Employment statistics in the US are often based on two nationwide monthly surveys: the Current Population Survey (CPS) and the Current Employment Statistics (CES) survey. The CPS samples approximately 60,000 US households and collects the employment status, job type, and demographic information of each resident in the household. The CES survey samples 140,000 non-farm businesses and government agencies and collects the number of payroll jobs, pay rates, and related information for each firm.

(a) What is the population in the CPS survey?

All US households

The 60,000 US households surveyed

All non-farm business and government agencies

The 140,000 non-farm businesses and government agencies surveyed

(b) What is the population in the CES survey?

All US households

The 60,000 US households surveyed

All non-farm business and government agencies

The 140,000 non-farm businesses and government agencies surveyed

(c) For each of the following statistical questions, state whether the results from the CPS or CES survey would be more relevant.

i. Do larger companies tend to have higher salaries?
ii. What percentage of Americans are self-employed?
iii. Are married men more or less likely to be employed than single men?

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