00:01
Okay, so for this problem, we are given this set of probabilities, and for part a, we are asked, what must be the probability that a randomly chosen young adult has some education beyond high school but does not have a bachelor's degree? so when we're saying some education beyond high school, and we're looking at the probabilities that we're given, so we're given high school but no diploma.
00:21
We're given high school with a diploma, but no college or anything after that.
00:26
And this one is you've completed college and beyond possibly.
00:33
So the only probability missing here is the probability of having some college, but not completing a bachelor's degree.
00:41
So remembering our rules of probability, when we add up all of our probabilities, they have to equal to one.
00:48
So whenever i take my probability of some high school with no diploma, plus high school with a diploma, but nothing more.
00:57
Plus my bachelor's degree or more, plus my probability of going to college, these all need to add up to one.
01:06
Now, i have everything here that i need except for a probability of college, but i can just solve algebraically for this.
01:13
So whenever i combine like terms and subtract from both sides, my probability of going to college ends up equaling out to 0 .28.
01:23
Now, that's how we solve part a.
01:25
Now, part b asks, what is the probability? that a randomly chosen young adult has at least a high school education.
01:33
Now, if we're talking about at least a high school education, that means that they've completed high school...