SOLUTION: Data from the Bureau of Labor Statistics indicates that in a certain​ month,
38.6% of the labor force had a high school diploma or fewer years of​ education,
21.7&#
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Question 1068548: Data from the Bureau of Labor Statistics indicates that in a certain month,
38.6% of the labor force had a high school diploma or fewer years of education,
21.7% had some college or an associate's degree, and 39.7% had a bachelor's degree or more education. Of those with a high school diploma or fewer years of education, 8.5% were unemployed. Of those with some college or an associate's degree, 6.2% were unemployed, and of those with a bachelor's degree or more education,
5.7% were unemployed. Find the probability that a randomly chosen labor force participant has
a bachelor's degree or more educational bachelor's degree or more education
given that he or she is employed.
Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
Take a 1000.
=================HS=======A===========B
EMP-------------352.34---203.55-----374.37---930.26
UNEMP-----------33.66-----13.45------22.63---69.74
Total-----------386-------217-------397-----1000
Can fill in the bottom two rows from the data and derive the top row.
Given that someone is employed (930.26) probability they have a bachelor's or more is 374.37/930.26=40.2%
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