Fle Edit View History BookmarksPeople Window Help 40 10096

Fle Edit View History BookmarksPeople Window Help ) 40 10096, Fri 41) 100968 Fri Do Homework- mike sharpe MyLab https://www.mathol. tudent/PlayerHomework.aspx Id-3781222248questionld-68flushed true&cld-4054488;&centerwinayes; Fall 2016 Math 151 mike sharpe Homework: 8.6 Bayes Formula Save thLab\" Score: 0 of 1 pt 60(6(4 complete) Hw Score: 16.67%, 1 of 6 pts Courses Score: 0 me HomeSocial Sci 8.6.11 Question Help | * rse Home Data from the Bureau of Labor Statistics indicates that in a certain month 34.6% o the labor force had a high school dpl ma cr fewer years of education 24 4%had some college or an associate\'s degree and 41.0% had a bachelor\'s degree or more education or those with a high school diploma or fewer years of education, 6.7% were unemployed. Of those with some colege or an associate\'s degree, 38% were unemployed, and of those with a bachelor\'s degree or more education, 2.5% were mework izzes& Tests unemployed. Find the probablity that a randomly chosen labor force participant has some collage or an associate\'s degree given that he or she is employed dy Plan adebook apter Contents ols for Success ultimedia Library urchase Options Pearson Tutor Thpe an integer or de malroun The probabilty is ervices Enter your answer in the answer box and then click Check Answer Clear All Check Anr Counse Tols ll parts showing ·All parts showing Course Tools MathXL OK

Solution

Solution:- let there were total 10,000,00 Labors in that month and as per Given Data 34.6% High school diploma,

24.4 % some college or Associated degree, 41% bechelors degree or more

Given education

basis % of labors

No of

unemployed persons

No of employed persons

(Total Persons-unemployed persons)

bechelors degree

or more

so now as we have no of total employed labors who had some college or Associated degree =234728

also know the total 10,000,00 Labors force

So probability of Chossing a labor force participent who had some college or Associated degree would be

= no of total employed labors who had some college or Associated degree / Total labor force

=234728 / 10,000,00

= 0.2347

Answer in rounded decimal places :- Probability = 0.235

education details	Given education basis % of labors	Total Persons	unemployed %	No of unemployed persons	No of employed persons (Total Persons-unemployed persons)
High school diploma	34.6 %	346000	6.7 %	23182	343818
some college or Associated degree	24.4 %	244000	3.8 %	9272	234728
bechelors degree or more	41%	410000	2.5 %	10250	399750