Question: Conditional probabilities and independence. (a) What is the probability that a randomly chosen person 25 years of age or older is in the labor force?
Conditional probabilities and independence.
(a) What is the probability that a randomly chosen person 25 years of age or older is in the labor force?
(b) If you know that the person chosen is a college graduate, what is the conditional probability that he or she is in the labor force?
(c) Are the events “in the labor force” and “college graduate” independent? How do you know?
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