Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The table below presents estimated probabilities for work arrangements for different level of education.3 % of employed adults saying that, regardless of their current work

The table below presents estimated probabilities for work arrangements for different level of education.3 % of employed adults saying that, regardless of their current work arrangement, for the most part, the responsibilities of their job

Can not be done from home (NH) Can be done from home (H)

HS or less (HSL) .83 (NH). .17(H)

0.83 0.17 Some college/associate (SCA) .71 (NH) .29 (H)

0.71 0.29 Bachelor (B) .42 (NH) .58 (H)

0.42 0.58 Postgrad (PG) .32 (NH) ? (H)

In addition, it is known that the probability that a workers educational attainment is high school or less is 0.32, whereas for a bachelor degree is 0.24. Finally, the probability that a worker can do most of her/his work at home is 0.38.

(a) What type of probabilities is the table displaying? Explain (2 points)

(b) Find the probability that is missing in the table. Show your work (2 points)

(c) What is the probability that a randomly selected worker can not do most of their job from home? Explain. Is this a marginal, conditional or joint probability? (2 points)

(d) What is the probability that a randomly selected worker can not do most of their job from home and has an educational attainment not higher than high school? Is this a marginal, conditional or joint probability? (3 points)

(e) Using the definition of independents events, are work arrangements and educational attainment independent variables? Explain. (2 points)

(f) Based on you answer in question (e), could you conclude that the educational attainment causes the work arrangement that a worker can obtain? Explain. (2 points)

(g) Can you recover the entire joint distribution for educational attainment and work arrangement? If you can, show the table with the calculated join probabilities. Otherwise, say what joint probabilities can not be calculated. (3 points)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

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

The Essentials Of Statistics A Tool For Social Research

Authors: Joseph F. Healey

3rd Edition

111182956X, 978-1133713586, 1133713580, 978-1111829568

More Books

Students also viewed these Accounting questions