Data from the Bureau of Labor Statistics indicates that in a certain month, 31.3% of the labor force had a high school diploma or fewer years of education, 29.3% had some college or an associate's degree, and 39.4% had a bachelor's degree or more education. Of those with a high school diploma or fewer years of education, 7.2% were unemployed. Of those with some college or an associate's degree, 5.8% were unemployed, and of those with a bachelor's degree or more education, 5.5% were unemployed. Find the probability that a randomly chosen labor force participant has a high school diploma or less education given that he or she is employed. The probability is (Type an integer or decimal rounded to three decimal places as needed.)

Data from the Bureau of Labor Statistics indicates that in a certain month, 31.3% of the labor force had a high school diploma or fewer years of education, 29.3% had some college or an associate's degree, and 39.4% had a bachelor's degree or more education. Of those with a high school diploma or fewer years of education, 7.2% were unemployed. Of those with some college or an associate's degree, 5.8% were unemployed, and of those with a bachelor's degree or more education, 5.5% were unemployed. Find the probability that a randomly chosen labor force participant has a high school diploma or less education given that he or she is employed. The probability is (Type an integer or decimal rounded to three decimal places as needed.)

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A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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2-Proportion Test

In a 2-proportion test, two separate proportions are measured at the same time, and their similarity is evaluated. It is also known as a 2-proportion z-test, and a comparison of two different proportions is done in this method.

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Data from the Bureau of Labor Statistics indicates that in a certain month, 31.3% of the labor force had a high school diploma or fewer years of education,
29.3% had some college or an associate's degree, and 39.4% had a bachelor's degree or more education. Of those with a high school diploma or fewer
years of education, 7.2% were unemployed. Of those with some college or an associate's degree, 5.8% were unemployed, and of those with a bachelor's
degree or more education, 5.5% were unemployed. Find the probability that a randomly chosen labor force participant has
a high school diploma or less education given that he or she is employed.
The probability is
(Type an integer or decimal rounded to three decimal places as needed.)

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