Suppose a recent government report indicates that 2% of the labor force is two o

Question

Suppose a recent government report indicates that 2% of the labor force is two or more races. Of the individuals in the labor force who are two or more races, 10% are unemployed. Among the individuals in the labor force who are only one race, 6% are unemployed. Let A be the event that a randomly selected member of the labor force is two or more races and let B be the event that a randomly selected member of the labor force is unemployed. Determine P (A | B). the probability that a randomly selected member of the labor force is two or more races given that he or she is unemployed. Express your answer as a percentage with no decimal places p(AIB) =

Explanation / Answer

We need to calculate

P(A/B)

= P(A and B)/P(B)

= (0.02*0.10)/0.06

= 3.33%

So, answer is 3.33%

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