1. The following table gives the joint probability distribution between employment status andcollege graduation among those either employed or looking for work (unemployed) in theworking age U.S. population, based on the 1990 U.S. Census.Joint Distribution of Employment Statusand College Graduation in the U.S. Population Aged 25-64, 1990Unemployed (Y = 0)Non-college grads (X = 0)College grads (X=1)Total0.0450.0050.050Employed (Y= 1)0.7090.2410.950Total0.7540.2461.000(a) Compute E(Y).The unemployment rate is the fraction of the labour force (unemployed plus employed)that is unemployed. Show that the unemployment rate is given by 1 – E(Y).

From given data: X : College Graduation X={0,1} Y : Employed Status Y={0.1} Then the joint pmf of…

Answered: (a) Compute E(Y). The unemployment rate…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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(a) Compute E(Y). The unemployment rate is the fraction of the labour force (unemployed plus employed) that is unemployed. Show that the unemployment rate is given by 1 – E(Y).