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The U.S. population by age is as follows (The World Almanac, 2004 ). The data are in millions of people. $$\begin{array}{lc} \text { Age } & \text { Number } \\ 19 \text { and under } & 80.5 \\ 20 \text { to } 24 & 19.0 \\ 25 \text { to } 34 & 39.9 \\ 35 \text { to } 44 & 45.2 \\ 45 \text { to } 54 & 37.7 \\ 55 \text { to } 64 & 24.3 \\ 65 \text { and over } & 35.0 \end{array}$$ Assume that a person will be randomly chosen from this population. a. What is the probability the person is 20 to 24 years old? b. What is the probability the person is 20 to 34 years old? c. What is the probability the person is 45 years or older?

Short Answer

Expert verified
a. 0.0675 b. 0.2091 c. 0.3444

Step by step solution

01

Find the Total Population

To find the total population, sum up the number of people in each age group. Use the following formula: \[ \text{Total Population} = 80.5 + 19.0 + 39.9 + 45.2 + 37.7 + 24.3 + 35.0 \]Calculating this gives \[ \text{Total Population} = 281.6 \text{ million people} \].
02

Calculate Probability for Ages 20 to 24 (a)

Determine the probability that a randomly selected person is 20 to 24 years old. Use the formula: \[ P(20 \text{ to } 24) = \frac{\text{Number of people aged 20 to 24}}{\text{Total Population}} \]Substitute the values: \[ P(20 \text{ to } 24) = \frac{19.0}{281.6} \approx 0.0675 \].
03

Calculate Probability for Ages 20 to 34 (b)

Determine the probability that a randomly selected person is 20 to 34 years old. This involves adding the populations of the 20 to 24 and 25 to 34 age groups:\[ \text{Number aged 20 to 34} = 19.0 + 39.9 = 58.9 \]Now calculate the probability:\[ P(20 \text{ to } 34) = \frac{58.9}{281.6} \approx 0.2091 \].
04

Calculate Probability for Ages 45 and Over (c)

Determine the probability that a randomly selected person is 45 years or older. Add the populations for ages 45 to 54, 55 to 64, and 65 and over:\[ \text{Number aged 45 and over} = 37.7 + 24.3 + 35.0 = 97.0 \]Then, calculate the probability:\[ P(45 \text{ and over}) = \frac{97.0}{281.6} \approx 0.3444 \].

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Key Concepts

These are the key concepts you need to understand to accurately answer the question.

Population Distribution
Population distribution is a way to understand how people are spread across different age groups in a given area. This can help us see trends and patterns of growth or decline within certain age segments. In the exercise, we see the statistics for the U.S. population divided by age groups, such as "19 and under" and "65 and over." Each age bracket lists the number of people in millions.
Understanding population distribution allows us to analyze various demographic elements, like age, gender, and even geographic location. By learning about these distributions:
  • We can plan for public services and infrastructure needs.
  • Identify age groups that require more resources.
  • Understand patterns and changes in population over time.
The total population in this exercise is summed up to 281.6 million. This total forms the foundation of calculating probabilities for specific age groups. A clear understanding of population distribution aids in effective policy decision-making and strategic planning for any area.
Age Demographics Analysis
Age demographics analysis digs deeper into understanding the compositions based on age within a population. It breaks down broad data into specific age categories to better understand the population's characteristics.
By examining the demographic data:
  • We identify dominant age groups, understanding who forms the bulk of the population.
  • Analyze the needs of specific age groups, enabling better-targeted services.
  • Recognize potential issues arising from an aging population or a large younger cohort.
In this exercise, probabilities are calculated for people aged 20 to 24, 20 to 34, and 45 and older. Each category helps to specifically analyze the age structure and its effect on society. This analysis is vital in sectors like healthcare, education, and the job market, ensuring that the community can address their specific needs effectively.
Statistical Computation
Statistical computation is the method used to derive meaningful insights from raw data. It involves using mathematical operations to calculate probabilities or other statistical measures from population data.
In our example, probabilities were calculated using the formula:\[ P( ext{age group}) = \frac{\text{Number in age group}}{\text{Total Population}} \]These calculations can answer questions like the likelihood of randomly selecting a person from a specific age group. For example, the probability that a randomly selected person is 20 to 24 years old is approximately 0.0675. This means there's a 6.75% chance.
By working through statistical computation, we:
  • Gain insights into population characteristics.
  • Create a quantitative basis for making predictions.
  • Formulate data-driven strategies and policies to address demographic issues.
Statistical computation transforms data into information that can drive meaningful decision-making in fields ranging from business to social sciences.

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