Question

Lock, Statistics: Unlocking the Power of Data, 1e Chapter 2, Section 1, Exercise 024 Does it Pay to Get a Callege Degre 2010, the urenploymen rate for high s raduates won no colege degree 9 7% ""me- ow et-ibr- Find the difference in proportions of those unemployed between these two groups and give the graduates with a bacheln dwee is only minus sign, Since the data come from the census, you can assume that subscripts on the proportions to identify the two groups Assume high school graduates with no olege degree are group 1 and correct notation for the difference, with a Thompson, o "what's More Expensive than College? Not Going to College The Atlantix, March 27, 2012 aek ?, you would like to show work for this question: amstornos

Answer 1

Let p_{​​​​​​1}​​ is population proportion of unemployment for high school graduates with no college degree

p_{​​​​​​2} is population proportion of unemployment for college graduates with a bachelor's degree

So p_{​​​​1}​​​ = 0.097 and p_{​​​​​​2}​ = 0.052

The difference between these two proportions is

p_{​​​​​​1}​​​ - p_{​​​​2}​ = 0.045