Iift 2013 Question 32
This is a detailed step-by-step solution for Iift 2013 Question 32. Understand the concept, common mistakes, and expert tips to solve similar questions in IIFT exam.
IIFT
Consider the case,
Out of 1000 educated youth 10 are unemployed and out of 20 uneducated youth 10 are unemployed.
Thus, the number of unemployed educated youth was equal to the number of unemployed uneducated youth.
But as we see that the probability that an educated you will be unemployed is 1% and the probability that an uneducated youth is unemployed is 50%.
Thus, to validate the given conclusion we need the percentage of unemployment in educated youth versus percentage of unemployment
in uneducated youth.
Hence, option C is the correct answer.