Household Income ($1000s) $0- 24.9 $25 - 49.9 $50 - 74.9 $75-99.9 Education Level $100+ Total Not H.S. Graduate 3,459 6,850 5,258 2,094 1,389 5,027 4,207 539 367 H.S. Graduate Some College Bachelor's Degree Beyond Bach. Degree 9,961 22,099 20,067 4,917 2,637 3,250 2,581 1,241 10,248 2,668 2,807 4,678 4,074 5,379 4,188 16,676 885 2,848 1,274 15,216 13,787 290 829 7,822 73,736 Total 13,106 18,490 What is the probability of a person not being a high school graduate? Question 1 Answer: What is the probability of a person having a bachelor's degree or more education? Answer: Question 2 What is the probability that a person has a bachelor's degree and makes more than $100,000 a year? Answer: Question 3 What is the probability of a person having an income below $50,000? Answer: Question 4 What is the probability that someone with some Question 5 college or more makes $75,000 or more? Answer:

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Question
Looking at the statics in Demographics of the table Household Income ($1,000s) compared to education level.
formulas which calculate probabilities. To write these formulas, remember the following formula for
classical probability:
Number of ways event A occurs
X
P(A) =
Total number of possible outcomes in the sample space
Each of the questions involves a different "X", and some of them involve different "T"s. Think through
each question carefully to make sure you identify these values correctly.
Transcribed Image Text:formulas which calculate probabilities. To write these formulas, remember the following formula for classical probability: Number of ways event A occurs X P(A) = Total number of possible outcomes in the sample space Each of the questions involves a different "X", and some of them involve different "T"s. Think through each question carefully to make sure you identify these values correctly.
14
F
G
B
Household Income ($1000s)
Total
$0- 24.9 $25 - 49.9 $50- 74.9 $75 - 99.9
1,389
$100+
2 Education Level
539
367
9,961
4,207
4,917
3 Not H.S. Graduate
3,459
2,668
22,099
5,027
4,678
2,848
4 H.S. Graduate
6,850
2,637
3,250
2,581
20,067
13,787
4,074
5 Some College
6 Bachelor's Degree
7 Beyond Bach. Degree
2,807
5,258
5,379
4,188
885
2,094
290
829
1,274
1,241
7,822
Total
13,106
18,490
15,216
10,248
16,676
73,736
8
9.
10
What is the probability of a person not being a high
school graduate?
11
12
Question 1
13
Answer:
14
15
What is the probability of a person having a bachelor's
degree or more education?
Answer:
16
Question 2
17
18
19
What is the probability that a person has a bachelor's
degree and makes more than $100,000 a year?
Answer;
20
Question 3
21
22
23
What is the probability of a person having an income
below $50,000?
24
Question 4
25
Answer:
26
27
What is the probability that someone with some
28
Question 5
college or more makes $75,000 or more?
Answer:
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36
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Transcribed Image Text:14 F G B Household Income ($1000s) Total $0- 24.9 $25 - 49.9 $50- 74.9 $75 - 99.9 1,389 $100+ 2 Education Level 539 367 9,961 4,207 4,917 3 Not H.S. Graduate 3,459 2,668 22,099 5,027 4,678 2,848 4 H.S. Graduate 6,850 2,637 3,250 2,581 20,067 13,787 4,074 5 Some College 6 Bachelor's Degree 7 Beyond Bach. Degree 2,807 5,258 5,379 4,188 885 2,094 290 829 1,274 1,241 7,822 Total 13,106 18,490 15,216 10,248 16,676 73,736 8 9. 10 What is the probability of a person not being a high school graduate? 11 12 Question 1 13 Answer: 14 15 What is the probability of a person having a bachelor's degree or more education? Answer: 16 Question 2 17 18 19 What is the probability that a person has a bachelor's degree and makes more than $100,000 a year? Answer; 20 Question 3 21 22 23 What is the probability of a person having an income below $50,000? 24 Question 4 25 Answer: 26 27 What is the probability that someone with some 28 Question 5 college or more makes $75,000 or more? Answer: 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57
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