10. The probability that a randomly selected individual in a country earns more than 75,000 per is 11.5%. the probability that a randomly selected individual in a country earns more than 75,000 per year, given that the individual has earned a bacholer’s degree is 11.5%. The events are “earned more than 75,000” and “earned a bacholer’s degree”.

There are three statements and no question.

To calculate the probability that a randomly selected individual in a country earns more than $75,000 per year, we need to know the overall probability of this event. The given information states that the probability is 11.5%.

Now, let's move on to finding the probability of earning more than $75,000 per year, given that the individual has earned a bachelor's degree. In probability terms, this is denoted as P(earned more than $75,000|earned a bachelor's degree).

Given that the probability of earning more than $75,000 is 11.5%, we can use this information along with the fact that the individual has earned a bachelor's degree.

However, we don't have any specific information about the probability of earning more than $75,000 conditional on having a bachelor's degree. Without further information, we cannot calculate this conditional probability.

To further calculate P(earned more than $75,000|earned a bachelor's degree), we need additional details or a conditional probability matrix that explicitly mentions the relationship between these events. Without this information, we cannot proceed with the calculation.