N4 UsualLess than 20hours Between 20 and 40workedGreater than 40Not a collegegraduateTotalSource: NLS via Stata (niswork.dta)E 1.162,56318,9122,20323,678Joint frequency tobleCollegegraduateTotal5113,0743,193 22,1051,0853,2884,789 28,467Consider the data on education and employment. Calculate the probabilitythat a randomly selected woman works between 20 hours and 40 hours.Typed numeric answer will be automatically saved.

Answer to the question is as follows

Usual Less than 20 hours Between 20 and 40 worked Greater than 40 Not a college graduate Total Source: NLS via Stata (niswork.dta) E 1.16 2,563 18,912 2,203 23,678 Joint frequency toble College graduate 511 3,193 1,085 4,789 Total 3,074 22,105 3,288 28,467 Consider the data on education and employment. Calculate the probability that a randomly selected woman works between 20 hours and 40 hours. Typed numeric answer will be automatically saved.

Usual Less than 20 hours Between 20 and 40 worked Greater than 40 Not a college graduate Total Source: NLS via Stata (niswork.dta) E 1.16 2,563 18,912 2,203 23,678 Joint frequency toble College graduate 511 3,193 1,085 4,789 Total 3,074 22,105 3,288 28,467 Consider the data on education and employment. Calculate the probability that a randomly selected woman works between 20 hours and 40 hours. Typed numeric answer will be automatically saved.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter4: Labor And Financial Markets

Section: Chapter Questions

Problem 24CTQ: Suppose the U.S. economy began to grow more rapidly than other counties in the world. What would be...

See similar textbooks

Similar questions

Suppose the U.S. economy began to grow more rapidly than other counties in the world. What would be the likely impact on U.S. financial markets as part of the global economy?
What is die difference between accounting and economic profit?
What is an externality?
What is a production technology?
Nimbus, Inc., makes brooms and then sells themdoor-to-door. Here is the relationship between thenumber of workers and Nimbus’s output during agiven day:Workers OutputMarginalProductTotalCostAverageTotalCostMarginalCost0 0 ____ ________ ____1 20 ____ ________ ____2 50 ____ ________ ____3 90 ____ ________ ____4 120 ____ ________ ____5 140 ____ ________ ____6 150 ____ ________ ____7 155 ____ ____a. Fill in the column of marginal products. Whatpattern do you see? How might you explain it?b. A worker costs $100 a day, and the firm has fixedcosts of $200. Use this information to fill in thecolumn for total cost.c. Fill in the column for average total cost. (Recallthat ATC T 5 C Q/ .) What pattern do you see?d. Now fill in the column for marginal cost.(Recall that MC TC 5 D ∆ / Q.) What patterndo you see?e. Compare the column for marginal productwith the column for marginal cost. Explain therelationship.f. Compare the column for average total costwith the column for marginal cost. Explain…
Question 2Consider the case of Jonathan, who is a singlefather with one child. He can work as a serverfor $6 per hour up to 1,500 hours per year. Heis eligible for welfare and can receivegovernment support of $10,000 for notworking at all. If he works 1,500 hours, hisearnings would be______ and governmentsupport would be______.O a) 2.000; 8,000O b) 3,000; 7,000O c) 9,000; 1,000O d) 10,000; 0
Read the following paragraph: Aoccdrnig to a rscheearch at Cmabrigde Uinervtisy, it deosn't mttaer in waht oredr the ltteers in a wrod are, the olny iprmoetnt tihng is taht the frist and lsat ltteer be at the rghit pclae. The rset can be a total mses and you can sitll raed it wouthit porbelm. The fact that you could read this paragraph is most likely due to? top-down processing continuity bottom-up processing occlusion
Jason Stilton is the chief executive officer of RightLiving a company that buys life insurance policies at a discount from terminally ill persons and sells the policies to investors for 85% of the value of the future benefit. The patients recieve the cash to use for medical and other expenses and the investors are guaranteed a positive return on thier investment. The diffreance between the purchace and sale prices is the RightLivinf Profit. Stilton is aware that some sick patients may obtain insurance policies through fraud (Not revealing thier illness on the insurance application). An insurance company that discovers such will cancel the policy and refuse to pay. Stilton beleives that most of the policies he has purchased are legitimate, but he knows some are probably not. Question Using IDDR approch, discuss the decision process Stilton should use in deciding whether to disclose the risk of fraudulent policies to potential investors.
Asap plzzz
Rаnϲhеrs ϲаn rаisе еithеr ϲаttlе or shеер on thеir lаnd. What would cause ϲаusе thе suррly of shеер to inscrease? Typed answer please. I ll rate.
At some colleges and universities, economicsprofessors receive higher salaries than professors insome other fields.a. Why might this be true?b. Some other colleges and universities have a policyof paying equal salaries to professors in all fields.At some of these schools, economics professorshave lighter teaching loads than professors insome other fields. What role do the differences inteaching loads play?
Q=ksquerLquebed and input prices arer=8birr perunite andw=2birr per unite.find the labour and capital that maximaize the level of output for atotal out lay of birr 240