Question

Calculate the old age dependency ratio from the chart above. Round to 4 decimal places.

a) 0.0462
b) 0.2196
c) 0.1212
d) 0.0381

Answer 1

To calculate the old age dependency ratio, divide the number of people aged 65 and older by the number of people aged 20 to 64.

Step-by-step explanation:

To calculate the old age dependency ratio, divide the number of people aged 65 and older by the number of people aged 20 to 64. The formula for the old age dependency ratio is:

Old Age Dependency Ratio = Number of People Aged 65 and Older / Number of People Aged 20 to 64

Round the result to 4 decimal places:

Option a) 0.0462

Option b) 0.2196

Option c) 0.1212

Option d) 0.0381

Calculate the ratio using the data from the chart provided.