Purchase Solution

Probability of Finding a New Job in California

Not what you're looking for?

Ask Custom Question

If I live in the state of California, with a labor force of 17,823,401, and the unemployment rate for 2005 is 5.1% (910,963); what is the probability that I will find a job in 6 months after being laid off?

Purchase this Solution
Solution Summary

The solution provides a brief calculation to find the probability of becoming employed again after being laid off are shown.

Solution Preview

Here is the solution.

Probability = Favourable outcomes / number of possible ...

Purchase this Solution
Free BrainMass Quizzes
Terms and Definitions for Statistics

This quiz covers basic terms and definitions of statistics.

Measures of Central Tendency

This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.

Know Your Statistical Concepts

Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.

Measures of Central Tendency

Tests knowledge of the three main measures of central tendency, including some simple calculation questions.

View More Free Quizzes
Related BrainMass Solutions

  • Micromedia, venture capital, widget defect, job data

    What are the revised probabilities, and what is the new probability of finding oil?

  • probability and counting

    215916 Finding Probabilities: Counting Principles Example At the first meeting of a committee to plan a Northern California pow-wow, there were 3 women and 3 men from the Miwok tribe, 2 men and 3 women from the Hoopa tribe and 4 women and 5 men from the

  • Binomial probabilities and sample probabilities

    The distribution of the monthly costs does not follow the normal distribution. In fact, it is positively skewed. What is the probability of selecting a sample of 50 one-bedroom apartments and finding the mean to be at least $1,950 per month?

  • California and Louisiana Governor Power

    As a result of the Katrina disaster in 2005, more federal money went to the construction of a new levee system that now expands to a total of 18 miles long.

  • Finding a probability based on a table

    137772 Finding a probability based on a table Employees of a local company are classified according to gender and job type. The following table summarizes the number of people in each job category.

  • Probability

    Of these 1,334 were to companies in California, 490 were to companies in Massachusetts, 117 were to companies in New York, and 212 were to companies in Colorado. 32% of the companies receiving funds were in the early stages of development a d 45% were

  • Study designed to gauge married women's participation

    What is the probability that this randomly selected women has a full time job and no more than one child? D. What is the probability that this randomly selected women has a part time job or at least one child, but not both?

  • Probabilities & Conditional Probabilities

    Of these, 334 were to companies in California, 490 were to companies in Massachusetts, 217 were to companies in New York, and 71 were to companies in Colorado.

  • Descriptive Statistics

    119777 Statistical Analysis ABC Corporation of California publishes a variety of statistics, including the number of individuals who got a new job during the past 12 months and the mean length of time the individuals have been on the job.

View More Related Solutions