A person who has only a high school diploma, they are most likely to have an income of less than $40,000.
What is probability?
Its simple notion is that something will most likely occur. The favorable event's proportion to the overall number of occurrences.
The probability of a high school diploma person having less than $40,000 income will be
P(HSD) = 51/78
P(HSD) = 0.6538
The probability of a Bachelor's degree person having less than $40,000 income will be
P(BD) = 24/78
P(BD) = 0.3077
The probability of a master's degree person having less than $40,000 income will be
P(MD) = 3/78
P(MD) = 0.0385
A person who has only a high school diploma, they are most likely to have an income of less than $40,000.
More about the probability link is given below.
https://brainly.com/question/795909
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