Problem:
The video cites the statistic that "the average pay rise across major US employers this year" is 3%. Which of the following methods of calculating this statistic is both feasible and likely to be reasonably accurate? Ask all major US employers the average raise they granted this year. Obtain a representative sample of employees of major US employers and ask each to report the amount of their raise this year. Ask all employees of all major US employers the amount of their raise this year. Ask an employment expert such as the one shown in the video to estimate the average pay rise across major US employers this year.