The following table shows U.S. employment figures for August 2011, broken down b

Question

The following table shows U.S. employment figures for August 2011, broken down by educational attainment. All numbers are in millions, and represent civilians aged 25 years and over. Those classed as "not in labor force" were not employed nor actively seeking employment. Employed Unemployed Not in Labor Force Total Less Than High School Diploma 9.9 1.6 17.7 29.2 High School Diploma Only 34.1 3.5 24.4 62.0 Some College or Associate's Degree 34.4 3.0 15.6 53.0 Bachelor's Degree or Higher 46.4 2.0 12.2 60.6 Total 124.8 10.1 69.9 204.8 Find the probability that a person who had completed some college or an associate's degree and was in the labor force was employed. Round the answer to two decimal places. The following table shows U.S. employment figures for August 2011, broken down by educational attainment. All numbers are in millions, and represent civilians aged 25 years and over. Those classed as "not in labor force" were not employed nor actively seeking employment. Employed Unemployed Not in Labor Force Total Less Than High School Diploma 9.9 1.6 17.7 29.2 High School Diploma Only 34.1 3.5 24.4 62.0 Some College or Associate's Degree 34.4 3.0 15.6 53.0 Bachelor's Degree or Higher 46.4 2.0 12.2 60.6 Total 124.8 10.1 69.9 204.8 Find the probability that a person who had completed some college or an associate's degree and was in the labor force was employed. Round the answer to two decimal places. The following table shows U.S. employment figures for August 2011, broken down by educational attainment. All numbers are in millions, and represent civilians aged 25 years and over. Those classed as "not in labor force" were not employed nor actively seeking employment. Employed Unemployed Not in Labor Force Total Less Than High School Diploma 9.9 1.6 17.7 29.2 High School Diploma Only 34.1 3.5 24.4 62.0 Some College or Associate's Degree 34.4 3.0 15.6 53.0 Bachelor's Degree or Higher 46.4 2.0 12.2 60.6 Total 124.8 10.1 69.9 204.8 Find the probability that a person who had completed some college or an associate's degree and was in the labor force was employed. Round the answer to two decimal places.

Explanation / Answer

P( person who had completed some college degree or an associate degree and was in labor force was employed)

= Number of people who completed some college or associate degree, who is in labour force and employed / Number of people who completed some college or associate degree and is in labor force

= (34.4 + 46.4)/(34.4 + 46.4+ 3.0 + 2.0)

= 80.8/85.8

= 0.94

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