Illustrate what is probability that this worker in college

Assignment Help Business Economics

Reference no: EM1348593

Sheri has just graduated from secretarial school with strong word-processing skills, but as she looks for work she discovers that almost every business in town is laying off clerical staff.

The following table gives the joint probability distribution between employment status and college graduation among those employed or looking for work in the working age U.S. Compute E(Y), E(X), X, Y, XY Calculate E(Y|X=1) and E(Y|X=0) A randomly selected member of this population reports being unemployed. Illustrate what is the probability that this worker is a college graduate? A non-college graduate? What is corr(X,Y)? Are educational achievement and employment states independent?

Reference no: EM1348593

Questions Cloud

Find the rate at which heat is being transferred : An airplane wishes to fly from new york to ottawa. from new york, ottawa is located 780km West23degreesNorth. there is a wind blowing from a bearing of 310 degrees and if the plane flies at 890km/h, what bearing should the pilot steer to fly direc..

Dsm-iv-tr diagnosis for individuals : Would you also formulate a separate DSM-IV-TR diagnosis for any of the individuals you see in a couple or family? Why or why not?

Compute the size of the monthly payments : Borrow $10,200 from the First National Bank at a fixed rate of 12% per annum, simple interest. The loan would be repaid in equal monthly installments over a 3 year period.

Explaining drain corporate budgets and ultimately profits : First of all it eliminates requirement of hardware, downloads and implementations which drain corporate budgets and ultimately profits. It takes companies only a third of the expenses that they will incurred to have their companies running.

Illustrate what is probability that this worker in college : Illustrate what is the probability that this worker is a college graduate. A non-college graduate. Are educational achievement and employment states independent

Amount of direct materials cost : What is the amount of direct materials cost incurred by LP Production:

Developmental pathway-childhood-preschool aged : Would a developmental pathway be something like exposure to maternal depression during infancy can lead to externalizing behavior in early childhood-preschool aged children, then oppositional defiant disorder?

Illustrate what is the real gdp in each year : Illustrate what is the real GDP in each year, given that the price index has risen from 100 in the base year to 104.5 in Year 1 and up to 108.3 in Year 2.

Explain returns and customer complaints : Describe A shoe manufacturing company is having a problem with returns and customer complaints in their boot division

User Account

All Pages