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← Data from the Bureau of Labor Statistics indicates that in a certain month, 37.4% of the labor force had a high school diploma or fewer years of education, 20.5% had some college or an associate's degree, and 42.1% had a bachelor's degree or more education. Of those with a high school diploma or fewer years of education, 7.4% 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, 3.2% were unemployed. Find the probability that a randomly chosen labor force participant has a bachelor's degree or ore education given that he or she is unemployed. 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, 37.4% of the labor force had a high school diploma or fewer years of education, 20.5% had some college or an associate's degree, and 42.1% had a bachelor's degree or more education. Of those with a high school diploma or fewer years of education, 7.4% 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, 3.2% were unemployed. Find the probability that a randomly chosen labor force participant has a bachelor's degree or ore education given that he or she is unemployed. The probability is (Type an integer or decimal rounded to three decimal places as needed.)

A First Course in Probability (10th Edition)
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...
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← Data from the Bureau of Labor Statistics indicates that in a certain month, 37.4% of the labor force had a high school diploma or fewer years of education, 20.5% had some college or an associate's degree, and 42.1% had a bachelor's degree or more education. Of those with a high school diploma or fewer years of education, 7.4% 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, 3.2% were unemployed. Find the probability that a randomly chosen labor force participant has a bachelor's degree or ore education given that he or she is unemployed. The probability is (Type an integer or decimal rounded to three decimal places as needed.)
Transcribed Image Text:← Data from the Bureau of Labor Statistics indicates that in a certain month, 37.4% of the labor force had a high school diploma or fewer years of education, 20.5% had some college or an associate's degree, and 42.1% had a bachelor's degree or more education. Of those with a high school diploma or fewer years of education, 7.4% 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, 3.2% were unemployed. Find the probability that a randomly chosen labor force participant has a bachelor's degree or ore education given that he or she is unemployed. The probability is (Type an integer or decimal rounded to three decimal places as needed.)
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