Find randomly selected person from sample is employed

Reference no: EM13127499

In the language of government statistics, you are "in the labor force" if you are available for work and either working or actively seeking work. The unemployment rate is the proportion of the labor force (not of the entire population) who are unemployed.

Let A be the event that a randomly selected person from this sample has a college degree, and let B be the event that a randomly selected person from this sample is employed. What is P(A|B) (rounded to two decimal places)?

Reference no: EM13127499

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