Data from the Bureau of Labor Statistics indicates that in a certain​ month, 36.8​% of the labor force had a high school diploma or fewer years of​ education, 29.9​% had some college or an​ associate's degree, and 33.3​% had a​ bachelor's degree or more education. Of those with a high school diploma or fewer years of​ education, 6.8​%were unemployed. Of those with some college or an​ associate's degree, 4.7​% were​ unemployed, and of those with a​ bachelor's degree or more​ education, 2.9​%were unemployed. Find the probability that a randomly chosen labor force participant has some college or an associate's degree given that he or she is unemployed.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
icon
Related questions
Question
100%

Data from the Bureau of Labor Statistics indicates that in a certain​ month, 36.8​% of the labor force had a high school diploma or fewer years of​ education, 29.9​% had some college or an​ associate's degree, and 33.3​% had a​ bachelor's degree or more education. Of those with a high school diploma or fewer years of​ education, 6.8​%were unemployed. Of those with some college or an​ associate's degree, 4.7​% were​ unemployed, and of those with a​ bachelor's degree or more​ education, 2.9​%were unemployed.

Find the probability that a randomly chosen labor force participant has some college or an associate's degree given that he or she is unemployed.

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON