Statistics for Business & Economics
Statistics for Business & Economics
12th Edition
ISBN: 9781285528830
Author: David R. Anderson
Publisher: Cengage Learning US
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Chapter 4, Problem 51SE

The following crosstabulation shows household income by educational level of the head of household (Statistical Abstract of the United States, 2008).

  Household Income ($1000s)
Education Level Under 25 25.0–49.9 50.0–47.9 75.0–99.9 100 or more Total
Not H.S. Graduate 4207 3459 1389 539 367 9961
H.S. Graduate 4917 6850 5027 2637 2668 22,099
Some College 2807 5258 4678 3250 4074 20,067
Bachelor’s Degree 885 2094 2848 2581 5379 13,787
Beyond Bach. Deg. 290 829 1274 1241 4188 7822
Total 13,106 18,490 15,216 10,248 16,676 73,736
  1. a. Develop a joint probability table.
  2. b. What is the probability of a head of household not being a high school graduate?
  3. c. What is the probability of a head of household having a bachelor’s degree or more education?
  4. d. What is the probability of a household headed by someone with a bachelor’s degree earning $100,000 or more?
  5. e. What is the probability of a household having income below $25,000?
  6. f. What is the probability of a household headed by someone with a bachelor’s degree earning less than $25,000?
  7. g. Is household income independent of educational level?
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Chapter 4 Solutions

Statistics for Business & Economics

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