Problem 1: find the equilibrium victory: (the set of numbers below has brackets
ID: 3361651 • Letter: P
Question
Problem 1: find the equilibrium victory: (the set of numbers below has brackets around the whole thing)0.42 0.58 0.37 0.63
Question 2: Let’s A and B be independent evernts: P(a) = 1/5 and P(b) =1/4. Find (A “upside down u” B)
Question 3: Suppose for 2011, 45.7% of the civilian population 16 years or older was male, 35% was not in the labor force, and 69.3% was male or not in the labor force. Find probability of not being in the labor force, given that the person is mal?
Question 4 kld 431 MATH 3210 FALL 2017 Homework: Homework 7 Score: 0 of 1 pt Social Sci 9.5.33 HW Score: 44 44%, 9 33 of 21; bat cat, 2S% wa satch to a toreign make on their next Asurvey found that among people who planned to buy a car this year, 65% owned an purchase and, among those who own a foreig, make, IS% w switch to an American buit car on the. net prchase )Give the tansition matrix between Amerkcan (A) and foreign (F) cars for the people who buy a car this year (b) Find the (c) Find the long-torm percentage of people who will own an American-built car i the trend holds (a) The transtion matrix is PA 2 parts, r)- O Type here to searcth 11/14/2017
Explanation / Answer
Q2
P(A B) = P(A) x P(B) since A and B are independent.
= (1/5) x (1/4) = 1/20 = 0.05 ANSWER
Q3
Let
A = percentage of civilian population 16 years or older who are male,
B = percentage of civilian population 16 years or older who are not in labour force
Then, A B = percentage of civilian population 16 years or older who are male, or not in labour force.
Given A = 45.7, B = 35 and A B = 69.3,
Now, A B = percentage of civilian population 16 years or older who are male, and also not in labour force = A + B - A B = 45.7 + 35 - 69.3 = 13.4.
And, we want probability of not being in the labor force, given that the person is male
= P(B/A)
= P(A B)/P(A)
= 13.4/45.7
= 0.2932 ANSWER