Use the data in the table below, which shows the employment status of individual
ID: 2927259 • Letter: U
Question
Use the data in the table below, which shows the employment status of individuals in a particular town by age group. Please note it has not been totaled. Click on the assignment and type, then click on write submission and type your answers there. Please do not write your answers in the comments section. All answers should be given as fractions in lowest form.
Age Group Full-time Part-time Unemployed
0-17 24 164 371
18-25 185 203 148
26-34 348 67 27
35-49 581 179 104
50+ 443 162 173
1. If a person in this town is selected at random, find the probability that the individual is employed part-time, given that he or she is between the ages of 35 and 49?
2. If a person in the town is randomly selected, what is the probability that the individual is unemployed, given that he or she is over 50 years old?
3. A person from the town is randomly selected; what is the probability that the individual is employed full-time, given that he or she is between 18 and 49 years of age?
4. A person from the town is randomly selected; what is the probability that the individual is employed part-time, given that he or she is at least 35 years old?
The Goal: To develop and design an e-commerce presence (you may choose to do this work with a partner) First identify the Type of business you would like to operate through e-commerce. Make sure that you have some knowledge of the industry or that you are willing to research the industry in order to develop an effective site In order to complete the project you should perform the following tasks and prepare a cohesive document reflecting your work. Develop a business model for your new business identifying the particular e-commerce model/s that you will embrace. (Be sure to address all eight of the key elements of a business model) Identify how the unique features of e-commerce technology will propel your business to success. Prepare a list of objectives your Web site is designed to achieve and describe the different functionality you will implement to satisfy them. Prepare a chart or graph depicting basic site map (logical design) for your site Attach any documents you see necessary to explain the chart. Prepare a statement of how your Web site will address the 8 most important factors in successful e- commerce site design. Develop a website development and maintenance budget identifying providers and demonstrating the reasoning behind the numbers Describe the strategy you will implement to maximize your site optimization. Utilizing any graphic application create a mockup of your site (it does not have to be functional) Identify the payment methods you will accept and offer on your site and explain why. Also identify the security measures you will implement to safeguard your customers data and how will you go about transmitting the sense of safety and trustworthiness to vyour customers. TheExplanation / Answer
1) P(Employed part time | 35 - 49) = 179/(581 + 179 + 104) = 0.2072
2) P(Unemployed | 50+) = 173/(443+162+173) = 0.2224
3) P(Employed full time | 18-49) = (185+348+581)/(185+203+148+348+67+27+581+179+104) = 0.6048
4) P(Part time | 35+) = (179+162)/(581+179+104+443+162+173) = 0.2077
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