Question

In a particular year, there were approximately 7 million unemployed in a country's civilian labor force. The circle graph shows the age profile of these unemployed workers. Ages of Unemployedimage (a) Estimate the number of unemployed in the 16–19 age group. (Round your answer to two decimal places.) .938 Correct: Your answer is correct. million people (b) What is the probability that a person selected at random from the population of unemployed is in the 20–24 age group? Incorrect: Your answer is incorrect. (c) What is the probability that a person selected at random from the population of unemployed is in the 25–54 age group? (d) What is the probability that a person selected at random from the population of unemployed workers is 55 or older?

Answer 1

(a) The estimated number of unemployed in the 16–19 age group is 1.204 million.

(b) Probability for the 20–24 Age Group: 1.376 million

(c) Probability for the 25–54 Age Group: 4.644 million

(d) Probability for the 55 or Older Age Group: 1.376 million

(a) Estimate the Number of Unemployed in the 16–19 Age Group:

Number in 16–19 age group=14%×8.6 million

Number in 16–19 age group=0.14×8.6 million

Number in 16–19 age group=1.204 million

So, the estimated number of unemployed in the 16–19 age group is

1.204 million.

(b) Probability for the 20–24 Age Group

Probability = 16%×8.6 million

Probability = 0.16×8.6 million = 1.376 million

(c) Probability for the 25–54 Age Group:

Probability = 54%×8.6 million

Probability = 0.54×8.6 million = 4.644 million

(d) Probability for 55 or Older Age Group

Probability = (11%+5%) ×8.6 million = 1.376 million