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For unemployed persons in the United States, the average number of months of unemployment at the end of December 2009 was approximately seven months...
b. Show that your probability distribution satisfies the conditions for a valid discrete probability distribution.
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c. What is the probability that a person is unemployed for two months or less?
What is the probability that a person is unemployed for more than two months?
d. What is the probability that a person is unemployed for more than six months?