Q19. Labor trends were recently studied using a survey of respondents who were either unemployed (A) or employed (B). The survey results revealed that among those surveyed, 70% of those currently unemployed gain employment within the following month, and 30% remain unemployed. Meanwhile, 80% of those currently employed maintain employment through the following month, and 20% become unemployed. Suppose 75% of the population is currently employed. 0.3 A 0.7 0₂ B 0.8 0.2 Using the probabilities and states given, what percentage of the population will likely be employed two months from now? (Enter numerical value only. Do not enter % sign. Round the percentage to 1 decimal place, or to the nearest tenth of a percent.) (Ctrl)

Advanced Engineering Mathematics
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ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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Q19. Labor trends were recently studied using a survey of respondents who were either
unemployed (A) or employed (B). The survey results revealed that among those surveyed, 70%
of those currently unemployed gain employment within the following month, and 30% remain
unemployed. Meanwhile, 80% of those currently employed maintain employment through the
following month, and 20% become unemployed. Suppose 75% of the population is currently
employed.
0.3
A
0.7
Ⓡ
B
0.8
0.2
Using the probabilities and states given, what percentage of the population will likely be
employed two months from now? (Enter numerical value only. Do not enter % sign. Round the
percentage to 1 decimal place, or to the nearest tenth of a percent.)
(Ctrl)
Transcribed Image Text:Q19. Labor trends were recently studied using a survey of respondents who were either unemployed (A) or employed (B). The survey results revealed that among those surveyed, 70% of those currently unemployed gain employment within the following month, and 30% remain unemployed. Meanwhile, 80% of those currently employed maintain employment through the following month, and 20% become unemployed. Suppose 75% of the population is currently employed. 0.3 A 0.7 Ⓡ B 0.8 0.2 Using the probabilities and states given, what percentage of the population will likely be employed two months from now? (Enter numerical value only. Do not enter % sign. Round the percentage to 1 decimal place, or to the nearest tenth of a percent.) (Ctrl)
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