Question: 20) Using the Geometric Mean, calculate the average based on the growth rate. Make sure to convert the percentage into decimal format. Year GDP Growth

20) Using the Geometric Mean, calculate the average based on the growth rate. Make sure to convert the percentage into decimal format.

Year

GDP Growth (%)

2010

2.71%

2011

1.55%

2012

2.28%

2013

1.84%

2014

2.29%

2015

2.71%

2016

1.67%

2017

2.24%

2018

2.95%

2019

2.29%

2020

2.77%

2021

5.95%

2022

2.06%

U.S. Unemployment Rate

High School Graduate

Bachelor's Degree

Men

162

108

Women

138

92

Use the table above to find the following information. Use M for Men, W for Women, H for High School Graduate and B for Bachelor's Degree.

21) Calculate P(M)?

22) Calculate P(W)?

23) Calculate P(H)?

24) Calculate P(B)?

25) Calculate P(MW)?

26) Calculate P(MH)?

27) Calculate P(MB)?

28) Calculate P(WH)?

29) Calculate P(WB)?

30) Calculate P(MH)?

31) Calcuate P(MB)?

32) Calcuate P(WH)?

33) Calcuate P(WB)?

34) Calcuate P(M')?

35) Calcuate P(H')?

36)Calcuate P(M|H)?

37)Calcuate P(W|B)?

38) Are M and H independent events?

39)Are W and B independent events?

40)Are M and B mutually exclusive?

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