The Bureau of Labor Statistics reports on a variety of employment statistics. College Enrollment and Work Activity

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The Bureau of Labor Statistics reports on a variety of employment statistics. "College Enrollment and Work Activity of 2004 High School Graduates" provides information on high school graduates by gender, by race, and by labor force participation as of October 2004.5 (All numbers are in thousands.) The Labor Force Excel sheet provides sample information on the "Labor force status of persons 16 to 24 years old by educational attainment and gender, October 2004." Using the information contained in the spreadsheet.
€¢ Find an estimate of the probability that a randomly selected female aged 16 to 24 is in the civilian labor force, if she has a bachelor's degree or more.
· Find an estimate of the probability that a randomly selected female aged 16 to 24 is employed, if she is in the civilian labor force and has a high school degree.
€¢ Find an estimate of the probability that a randomly selected female aged 16 to 24 is employed, if she is in the civilian labor force and has a bachelor's degree or more.
€¢ Repeat Exercises 1-4 above for a randomly selected male aged 16 to 24.
In general, do the tables imply that labor force status and employment status depend upon educational attainment?
Explain your answer.
Show all work.
College Enrollment and Work Activity Of 2004 High School Graduates Civilian Labor Force Not in labor force Women, age 16
Civilian Labor Force Men, age 16 to 24 Employed Unemployed Not in labor force Row total < High School 1334 334 472 2140
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Modern Business Statistics With Microsoft Excel

ISBN: 9781337115186

6th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran

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