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What do you think is the chance that the unemployment rate in U.S. of that year was lower than 6.1%?
In other words, in year X, what do you think is the chance that, the number of unemployed individuals is less than 61 out of every 1000 individuals in the labor force?
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Chance that the unemployment rate in the randomly selected year X was lower than 6.1% is % |
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