Question

A recent survey reported in Bloomberg Business week dealt with the salaries of CEOs at large corporations and whether company shareholders made money or lost money.


If a company is randomly selected from the list of 20 studied, what is the probability:
a. The CEO made more than $1 million?
b. The CEO made more than $1 million or the shareholders lost money?
c. The CEO made more than $1 million given the shareholders lost money?
d. Of selecting two CEOs and finding they both made more than $1million?


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  • CreatedDecember 10, 2014
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