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Mathematical Applications for the Management, Life, and Social Sciences
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Chapter 7 / Exercise 22
Mathematical Applications for the Management, Life, and Social Sciences
Harshbarger
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Question 1 of 4Instructor mark out of 10:(based on student mark and studenf. Explain what type of probability is represented in the crosstabulation above.The following crosstabulation shows household income by educational level of the head of household (Abstract of the United Ststes 2008). Your work has to show the steps that you've taken to answer each in order to answer any of the questions below, you need to find other probabilities, please show them ac. What is the probability that a randomly selected head of household has a bachelor’s degree or more education?d. What is the probability of a household headed by someone with a bachelor's degree earning $100,000 or more?e. What is the probability of a household headed by someone with a bachelor's degree earning less than $25,000?g. Is having an income of $100,000 or more independent of having a Bachelor's degree? Explain and gfor your answer.Household Incomes ($1000s)Under 2525.0-49.950-74.975-99.9100 plusNot HS grad4,2073,4591,389539367HS grad4,9176,8505,0272,6372,668Some college2,8075,2584,6783,2504,074Bachelor’s8852,0942,8482,5815,379Beyond Bachelor’s2908291,2741,2414,188Total13,10618,49015,21610,24816,676a. Develop a joint probability table. b. What is the probability of a head of household not being a highschool graduate?f. Explain what type of probability is represented in the crosstabulation above.The following crosstabulation shows household income by educational level of the head of household (Abstract of the United Ststes 2008). Your work has to show the steps that you've taken to answer each in order to answer any of the questions below, you need to find other probabilities, please show them ac. What is the probability that a randomly selected head of household has a bachelor’s degree or more education?d. What is the probability of a household headed by someone with a bachelor's degree earning $100,000 or more?e. What is the probability of a household headed by someone with a bachelor's degree earning less than $25,000?g. Is having an income of $100,000 or more independent of having a Bachelor's degree? Explain and gfor your answer.
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Mathematical Applications for the Management, Life, and Social Sciences
The document you are viewing contains questions related to this textbook.
Chapter 7 / Exercise 22
Mathematical Applications for the Management, Life, and Social Sciences
Harshbarger
Expert Verified
for your answer.
nt annotations)Total9,96122,09920,06713,7877,82273,736(Statistical question. If, as well.

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