Question

P(Employed)= 4,125,864. P(Unemployed)= 43,564. If I were to select a random person from the dataset, what...

P(Employed)= 4,125,864. P(Unemployed)= 43,564. If I were to select a random person from the dataset, what is the probability that person is either employed or unemployed?

Math   Statistics-And-Probability   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Consider

A : A person is employed.

B : Person is unemployed.

Number of employed person in data set = 4125864

Number of unemployed person in data set = 43564

Total number of person in data set = 4125864 + 43564 = 4169428

P(A) = P ( Employed) = 4125864 / 4169428

P(B) = P ( Unemployed) = 43564 / 4169428

P ( A randomly selected person is either employed or unemployed ) = P(A) + P(B)

=  P ( Employed) + P( Unemployed)

Since A and B are disjoint events.

= (4125864 / 4169428) + ( 43564 / 4169428)

=1.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
4. Select a random sample of data from your dataset. The data should have a minimum...
4. Select a random sample of data from your dataset. The data should have a minimum of 30 cases, but not more than 200 cases. (Hint: You can use the “random” function in either Excel or SPSS to generate a random sample from your dataset.) Living arrangement Sense of isolation Housing development Integrated Neighborhood Totals Low 80 30 110 High 20 120 140 Totals                     100                        150 250
Suppose there are 123 people that are employed, 7 people are unemployed and 5 people are...
Suppose there are 123 people that are employed, 7 people are unemployed and 5 people are discouraged workers in January. In February, 5 of the unemployed people found a job and 1 of the unemployed people cannot find a job and stop looking for one since they were very depressed. 19 of the employed people were separated from their job in February. They were all looking for a new job except 3 of them choose to reitre after they were...
QUESTION 2: If you were to randomly select a person, define event A as that person...
QUESTION 2: If you were to randomly select a person, define event A as that person being college graduate and event B as that person being homeless. Which of the following is correct? A. The events A and B are disjoint and independent. B. The events A and B are joint and independent. C. The events A and B are disjoint and dependent. D. The events A and B are joint and dependent. ** This is all of the information...
1. There are 63 unemployed people, 1137 employed people, and the adult population is 1582. What...
1. There are 63 unemployed people, 1137 employed people, and the adult population is 1582. What is the labor force participation rate? 2. If the average wage paid to the worker was $20 in the year 1990 and $30 in the year 2000, then the average worker in the year 2000 must have been better off in terms of purchasing power. T/F 3. According to the Bureau of Labor Statistics, you are considered to be unemployed if you have no...
11. Random samples of size n = 80 were selected from a binomial population with p...
11. Random samples of size n = 80 were selected from a binomial population with p = 0.2. Use the normal distribution to approximate the following probability. (Round your answer to four decimal places.) P(p̂ ≤ 0.26) 12. Random samples of size n = 80 were selected from a binomial population with p = 0.8. Use the normal distribution to approximate the following probability. (Round your answer to four decimal places.) P(p̂ > 0.79)
Probability: you have 22 random people that were randomly selected from the world what is the...
Probability: you have 22 random people that were randomly selected from the world what is the probability that there's at least one person who is each zodiac sign (assuming all zodiac signs have an equal amount of people in the world. Also 26 random people also 17 random people
Random samples of size n = 80 were selected from a binomial population with p =...
Random samples of size n = 80 were selected from a binomial population with p = 0.3. Use the normal distribution to approximate the following probability. (Round your answer to four decimal places.) P(p̂ > 0.28) =
Random samples of size n = 85 were selected from a binomial population with p =...
Random samples of size n = 85 were selected from a binomial population with p = 0.8. Use the normal distribution to approximate the following probability. (Round your answer to four decimal places.) P(p̂ < 0.70) =
If you select a random z-score from the normal distribution, what is the probability that you...
If you select a random z-score from the normal distribution, what is the probability that you will get a value greater than 2.5? Put differently, P(z>1.5) = ? (Answer to 3 digits after the decimal.) ?
Random samples of size n = 90 were selected from a binomial population with p =...
Random samples of size n = 90 were selected from a binomial population with p = 0.3. Use the normal distribution to approximate the following probability. (Round your answer to four decimal places.) P(0.26 ≤ p̂ ≤ 0.34) =
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT