Question:

The US Bureau of Labor Statistics predicts the US economy

Last updated: 6/23/2023

The US Bureau of Labor Statistics predicts the US economy

The US Bureau of Labor Statistics predicts the US economy will add more than 7 371 900 million jobs from 2012 to 2022 More importantly of the occupations predicted to add jobs 1 044 600 of those new jobs will likely come from the four highest paying occupations The number of new jobs predicted for each of the four highest paying occupations was used to compute the probabilities below Occupation Probability 0 504 0 866 0 872 General and operations managers 0 234 Consider the new jobs associated with these four high paying occupations if we randomly select one of the new jobs what is the probability that the occupation is registered nurses 0 766 Management analysts 0 128 Software developers applications 0 134 Registered nurses