y some measures, Millennials (people ages 18-34) have very different lives than earlier generations did when they were young. Theyre slow to adopt many of the traditional markers of adulthood. For the first time in more than 130 years, young adults are more likely to be living in their parents home than in any other living arrangement. In fact, a larger share of them are living with their parents than with a romantic partner marking a significant historical shift. Assume there were 77 million (77,000,000) Millennials in 2014. According to the graphic, in 2014 how many more Millennials lived in their parent(s) home than were married or cohabitating in their own household? Note that although the numbers displayed within the graphic don't display the % sign, they are percentages. ??? more Millennials lived in their parent(s)' home than were married or cohabitating in their own household
Continuous Probability Distributions
Probability distributions are of two types, which are continuous probability distributions and discrete probability distributions. A continuous probability distribution contains an infinite number of values. For example, if time is infinite: you could count from 0 to a trillion seconds, billion seconds, so on indefinitely. A discrete probability distribution consists of only a countable set of possible values.
Normal Distribution
Suppose we had to design a bathroom weighing scale, how would we decide what should be the range of the weighing machine? Would we take the highest recorded human weight in history and use that as the upper limit for our weighing scale? This may not be a great idea as the sensitivity of the scale would get reduced if the range is too large. At the same time, if we keep the upper limit too low, it may not be usable for a large percentage of the population!
By some measures, Millennials (people ages 18-34) have very different lives than earlier generations did when they were young. Theyre slow to adopt many of the traditional markers of adulthood. For the first time in more than 130 years, young adults are more likely to be living in their parents home than in any other living arrangement. In fact, a larger share of them are living with their parents than with a romantic partner marking a significant historical shift.
Assume there were 77 million (77,000,000) Millennials in 2014. According to the graphic, in 2014 how many more Millennials lived in their parent(s) home than were married or cohabitating in their own household? Note that although the numbers displayed within the graphic don't display the % sign, they are percentages.
??? more Millennials lived in their parent(s)' home than were married or cohabitating in their own household
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