In the 1996 General Social Survey, for males age 30 and over, the following was true...

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In the 1996 General Social Survey, for males age 30 and over,the following was true about respondents: • 11% of those in thelowest income quantile were college graduates. • 19% of those inthe second income quantile were college graduates. • 31% of thosein the third income quantile were college graduates. • 53% of thosein the highest income quantile were college graduates. FindP(Q1|G), the probability that a randomly selected college graduatefalls in the lowest income quartile. Also find P(Q2|G), P(Q3|G),and P(Q4|G). Discuss how this distribution compares to theunconditional distribution P(Q1), P(Q2), P(Q3), P(Q4)

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3.6 Ratings (653 Votes)
LetQ1 male those in lowest income quantileQ2 male those in second income quantileQ3 male those in third income    See Answer
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