Question

There are 53,244 people under the age of 14 years oldThere are 206,922 people age between 15 and 64 years oldThere are 41,963 people over the age of 65 years oldWhat is the Child Dependency Ratio as a decimal rounded to the Thousandths place?

Answer 1

The formula for the Child dependency ratio is,

$\frac{Population\text{ 0-14}}{Working\text{ age population 15-64}}\times100$

Given:

$\begin{gathered} Population\text{ 0-14=53,244} \\ Working\text{ age population 15-64=206,922} \end{gathered}$

Therefore,

$Child\text{ Dependency Ratio=}\frac{53244}{206922}\times100=25.731435\approx25.731$

Hence, the Child Dependency Ratio is

$25.731$