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Are the events 鈥渋n the labor force鈥 and 鈥渃ollege graduate鈥 independent? Justify your answer .

Short Answer

Expert verified

Two events are not independent events.

Step by step solution

01

Given information

In the language of government statistics, you are 鈥渋n the labor force鈥 if you are available for work and either working or actively seeking work. The unemployment rate is the proportion of the labor force (not of the entire population) who are unemployed. Here are data from the Current Population Survey for the civilian population aged 25years and over in a recent year. The table entries are counts in thousands of people.

We need to find that whether the events 鈥渋n the labor force鈥 and 鈥渃ollege graduate鈥 independent

02

Explanation

It is known that; two events Aand Bcan be considered as independent if:

P(AB)=P(A)

The probabilities could be calculated as:

P(Labor forceCollege graduate)=125133186667=0.6704

P(Labor foce)=125133186667=0.6704

Here

P(Labor force| College graduate)P(Labor force)

localid="1649754666472" 0.78300.6704

Thus, two events are not independent events.

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