Mathematics, 12.02.2021 04:00, tatertott8592

A study shows that unemployment has not impacted white-collar and blue-collar workers equally (Newsweek, April 20, 2009). According to the Bureau of Labor Statistics report, while the national unemployment rate is 8.5%, it is only 4.3% for those with a college degree. It is fair to assume that 27% of people in the labor force are college educated. You have just heard that another worker in a large firm has been laid off. What is the probability that the worker is college educated

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A study shows that unemployment has not impacted white-collar and blue-collar workers equally (Newsw...