provided table, the education information and incomes of 73,736 people are given. The rows are labeled with education status and the columns are labeled with income range. The total of all entries in each row gives the total number of people with the corresponding education status and similarly, the total of all entries of a particular co
provided table, the education information and incomes of 73,736 people are given. The rows are labeled with education status and the columns are labeled with income range. The total of all entries in each row gives the total number of people with the corresponding education status and similarly, the total of all entries of a particular co
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Question
100%
In the provided table, the education information and incomes of 73,736 people are given. The rows are labeled with education status and the columns are labeled with income range.
The total of all entries in each row gives the total number of people with the corresponding education status and similarly, the total of all entries of a particular column gives the number of people with the corresponding income range.
Please answer subpart 4 and 5.
Transcribed Image Text:D
H.
Household Income ($1000s)
$25 - 49.9
2 Education Level
$0- 24.9
$50 - 74.9
1389
3 Not H.S. Graduate
$75 - 99.9
$100+
4207
Total
3459
6850
5258
539
367
2668
9961
4 H.S. Graduate
5 Some College
6 Bachelor's Degree
7 Beyond Bach. Degree
4917
5027
2637
22099
20067
2807
4678
3250
4074
885
2094
2848
2581
5379
290
13106
13787
7822
829
1274
1241
10248
4188
8
Total
18490
15216
16676
73736
9.
10
11
What is the probability of a person not being a high school graduate?
12
Question 1
13
Answer:
=G3/G8
14
15
What is the probability of a person having a bachelor's degree or more education?
16
Question 2
Answer:
-SUM(G6:G7)VG8
17
18
19
What is the probability that a person has a bachelor's degree and makes more than $100,000 a year?
20
Question 3
Answer:
=F6/G8
21
22
What is the probability of a person having an income below $50,0007
23
24
Question 4
Answer:
25
26
What is the probability that someone with some college or more makes $75,000 or more?
27
Question 5
28
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
Expert Solution
Step 1
4
Probability of a person having income below 50000
= (13106+18490)/73736
=0.4285
Step by step
Solved in 2 steps
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