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Details Title: Unemployment Rate Description: Terminology Total Flash Cards: 12 Created: 04/09/2005 08:21:52	To study from this set of flash cards, or to create your own your own study flash cards, register HERE. If you are already a registered user, CLICK HERE.
Cards Term Unemployment Rate Definition It's estimated using the Current Population Survey. Term Current Population Survey Definition It's more complicated than simple random sampling. It's based on a nationwide probability sample of about 110,000 persons that are interviewed monthly. Term PSUs Definition Primary Sampling Units Term Primary Sampling Units Definition Consists of either a city or a county or a group of contiguous counties. Term USUs Definition Ultimate Sampling Units Term Ultimate Sampling Units Definition Consists of about 4 housing units each. Surveyed every person in the housing unit who was 16 or older. Term Panel bias Definition When people are regularly surveyed, their actual reponses may be changed as a result. This is called ... Term Unemployment Rate Definition It's the percentage of the civilian labor force which is unemployed. Term Cluster Samples Definition They are less informative than simple random samples of the same size, so therefore the simple random sample formulas do not apply. Term weights Definition Clustering tends to reduce the precision of the Bureau's estimates, adding .......improves the precision. Term Half-sample method Definition To obtain Standard Error for the cluster samples, you can use the ........., by splitting the sample into two halves and see how well they agree. Term Bias Definition More hard to detect than chance error, especially if it operates more or less evenly across the sample. You have to look beyond the sample data to find it.