4. Consider the following information about Canadians. There are 28 million Canadians, 2.5 million lives in Atlantic Canada. There are 21 million of the Canadians employed across Canada. 2 million of the Canadians are working in Atlantic Canada. To qualify for E.I (employment insurance) in Canada, one must be unemployed. There are 1 million people across Canada living with E.I. while there are 0.2 million people in Atlantic Canada living with E.I. Define S = {Canadians}, A = {Employed}, B={Atlantic Canada}, C={E.I.} Draw the corresponding Venn diagram. Determine the following probabilities. a. Selecting a non-Atlantic Canada residence living with E.I. b. Selecting an employed Canadian in Atlantic Canada living with E.I. c. Selecting an unemployed Canadian in Atlantic Canada not receiving E.I. d. Selecting a non-E.I. receiver working outside Atlantic Canada.
4. Consider the following information about Canadians. There are 28 million Canadians, 2.5 million lives in Atlantic Canada. There are 21 million of the Canadians employed across Canada. 2 million of the Canadians are working in Atlantic Canada. To qualify for E.I (employment insurance) in Canada, one must be unemployed. There are 1 million people across Canada living with E.I. while there are 0.2 million people in Atlantic Canada living with E.I. Define S = {Canadians}, A = {Employed}, B={Atlantic Canada}, C={E.I.} Draw the corresponding Venn diagram. Determine the following probabilities. a. Selecting a non-Atlantic Canada residence living with E.I. b. Selecting an employed Canadian in Atlantic Canada living with E.I. c. Selecting an unemployed Canadian in Atlantic Canada not receiving E.I. d. Selecting a non-E.I. receiver working outside Atlantic Canada.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Transcribed Image Text:4. Consider the following information about Canadians.
There are 28 million Canadians, 2.5 million lives in Atlantic Canada.
There are 21 million of the Canadians employed across Canada.
2 million of the Canadians are working in Atlantic Canada.
To qualify for E.I (employment insurance) in Canada, one must be unemployed. There are 1
million people across Canada living with E.I. while there are 0.2 million people in Atlantic
Canada living with E.I.
Define S = {Canadians}, A = {Employed}, B={Atlantic Canada}, C={E.I.}
Draw the corresponding Venn diagram.
Determine the following probabilities.
a. Selecting a non-Atlantic Canada residence living with E.I.
b. Selecting an employed Canadian in Atlantic Canada living with E.I.
c. Selecting an unemployed Canadian in Atlantic Canada not receiving E.I.
d. Selecting a non-E.I. receiver working outside Atlantic Canada.
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