The following table lists the probabilities of unemployed females and males and their educational attainment. Male Female Less than High School 20 23 High School Graduate 32 45 Some college/University--- No Degree 18 22 College/University Graduate 24 45 a. Assign probabilities and which approach you used b. Calculate the marginal probabilities. c. If one unemployed person is selected at random, what is the probability that he/she finish less than high school?
Compound Probability
Compound probability can be defined as the probability of the two events which are independent. It can be defined as the multiplication of the probability of two events that are not dependent.
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Probability theory is a branch of mathematics that deals with the subject of probability. Although there are many different concepts of probability, probability theory expresses the definition mathematically through a series of axioms. Usually, these axioms express probability in terms of a probability space, which assigns a measure with values ranging from 0 to 1 to a set of outcomes known as the sample space. An event is a subset of these outcomes that is described.
Conditional Probability
By definition, the term probability is expressed as a part of mathematics where the chance of an event that may either occur or not is evaluated and expressed in numerical terms. The range of the value within which probability can be expressed is between 0 and 1. The higher the chance of an event occurring, the closer is its value to be 1. If the probability of an event is 1, it means that the event will happen under all considered circumstances. Similarly, if the probability is exactly 0, then no matter the situation, the event will never occur.
The following table lists the probabilities of unemployed females and males and their educational
attainment.
Male Female
Less than High School 20 23
High School Graduate 32 45
Some college/University--- No
Degree
18 22
College/University Graduate 24 45
a. Assign probabilities and which approach you used
b. Calculate the marginal probabilities.
c. If one unemployed person is selected at random, what is the
than high school?
d. If an unemployed person is selected at random, what is the probability that he is a male?
e. What is the probability that randomly selected unemployed person will be a female and will be a
college/university graduate?
f. Find the probability that unemployed persons will be male or has attended some
college/university/ no degree.
g. What is the probability that randomly selected unemployed person will be a high school
graduate or completed less than high school?
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