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A survey found that 59% of American workers would choose a different career if they could do it again. 33% plan to retire early, while 67% plan to retire at or after age 65. A separate poll asked married adults who is better at getting deals. The probabilities of different responses are provided based on whether the respondent is the husband or wife.
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A joint survey by Parade magazine and Yahoo! found that 59 of Americ.docx
A survey found that 59% of American workers would choose a different career if they could do it again. 33% plan to retire early, while 67% plan to retire at or after age 65. A separate poll asked married adults who is better at getting deals. The probabilities of different responses are provided based on whether the respondent is the husband or wife.
A survey found that 59% of American workers would choose a different career if they could do it again. 33% plan to retire early, while 67% plan to retire at or after age 65. A separate poll asked married adults who is better at getting deals. The probabilities of different responses are provided based on whether the respondent is the husband or wife.
of American workers say that if they could do it all over again, they would choose a different career (USA Today, September 24, 2012). The survey also found that 33% of American workers say they plan to retire early and 67% say they plan to wait and retire at age 65 or older. Assume that the following joint probability table applies. Excel File: data04-37.xls Retire Early Yes Career Same Different a. What is the probability a worker would select the same career (to 2 decimals)? b. What is the probability a worker who would select the same career plans to retire early (to 4 decimals)? c. What is the probability a worker who would select a different career plans to retire early (to 4 decimals)? d. What do the conditional probabilities in parts (b) and (c) suggest about the reasons workers say they would select the same career? Select
To better understand how husbands and wives feel about their
finances, Money Magazine conducted a national poll of 1010 married adults age 25 and older with household incomes of $50,000 or more (Money Magazine website, December 14, 2014). Consider the following example set of responses to the question, "Who is better at getting deals?" Who Is Better? Respondent I Am My Spouse We Are Equal Husband 278 127 102 Wife 290 102 Round your answers to four decimal places, if necessary. a. Develop a joint probability table and use it to answer the following questions. Respondent I am My spouse We are equal Total Husband 0.2753 0.1257 0.1010 0.5019 Wife 0.2871 0.1099 0.1010 0.4979 Total 0.5624 0.2356 0.2020 b. Constract the marginal probabilities for Who Is Better (1 Am, My Spouse, We Are Equal). Comment P(I) = P(S) - and P(E) - Select " is the most likely response. c. Given that the respondent is a husband, what is the probability that he feels he is better at getting deals than his wife? d. Given that the respondent is a wife, what is the probability that she feels she is better at getting deals than her husband? A ndx ENG 1:29 PM
Total 0.5624 0.2356 0.2020 b. Constract the marginal
probabilities for Who Is Better (1 Am, My Spouse, We Are Equal). Comment. P(I) = P(S) = and P(E) = Select is the most likely response. c. Given that the respondent is a husband, what is the probability that he feels he is better at getting deals than his wife? d. Given that the respondent is a wife, what is the probability that she feels she is better at getting deals than her husband? e. Given a response "My spouse' is better at getting deals, what is the probability that the response came from a husband? f. Given a response "We are equal," what is the probability that the response came from a husband? What is the probability that the response came from a wife?
In February, the Pew Internet & American life project conducted
a survey that included several questions about how Internet users feel about search engines and other websites collecting Information about them and using this information either to shape search results or target advertising to them. In one question, participants were asked, "If a search engine kept track of what you search for, and then used that information to personalize your future search results, how would you feel about that? Respondents could indicate either "Would not be okay with it because you feel it is an invasion of your privacy" or "Would be okay with it, even if it means they are gathering Information about you." Probabilities of responses by age group are summarized in the following table. Age Not Okay Okay 18 - 29 0.1492 0.0614 30 - 49 0.2285 0.0911 50+ 0.4007 0.0691 Round your answers to four decimal places. a. What is the probability a survey respondent will say she or he is not okay with this practice? 0.7784 b. Glven a respondent is 30 - 49 years old, what is the probability the respondent will say she or he is okay with this practice? 0.2850 c. Given a respondent says she or he is not okay with the practice, what is the probability the respondent is 50+ years old? d. Is the attitude about this practice independent of the age of the respondent? Why or why not? The probability that a respondent is 30 - 49, given that she or he is okay with the practice is A . The probability that a respondent is okay is . Since the numbers - Select your answer equal the events are said to be - Select your answer - vl. e. Do attitudes toward this practice for respondents who are 18-29 years old and respondents who are 50+ years old differ? - Select your answer , because the probability that a respondent is not okay with the practice given that he or she is 18 - 29 is and the probability that a respondent is okay with the practice given that he or she is not 50+ is