Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can you help me please .. it's so difficult QUESTION 3 The COVID-19 pandemic and its containment measures have led to involuntary job loss and

can you help me please .. it's so difficult

image text in transcribed
QUESTION 3 The COVID-19 pandemic and its containment measures have led to involuntary job loss and massive reduction in economic activities. Survey data of a small local community named Julau shows that 28 out of 60 individuals are currently unemployed due to the pandemic outbreak. As part of the initiatives to boost economic recovery, the government has rolled out an economic stimulus package called Prihatin National Aid - a one-off cash assistance for households and individuals in the lower income groups. Suppose that 15 individuals of the Julau community are randomly selected to receive the Prihatin National Aid package. a. What is the probability that 9 package recipients are unemployed? (2 Marks) b. What is the probability that at least 12 package recipients are unemployed? (2 Marks) c. What is the probability that 3 or fewer package recipients are unemployed? (2 Marks) d. Calculate the expected value, the variance, and the standard deviation for the package recipients who are unemployed. (3 Marks) e. Another local community of the same population size named Bario is in greater need of financial assistance due to its high poverty incidence. Suppose that the government decides to help the Bario community by randomly selecting 25 individuals to receive the Prihatin National Aid package. What is the expected number of package recipients who are unemployed if 12 individuals of the Bario community are still having a job? (1 Mark)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Labor and Employment Law Text and Cases

Authors: David Twomey

15th edition

978-1133188285

Students also viewed these Mathematics questions