Find the following joint probability: the probability that a sale will result in a sales commission, given
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Find the following joint probability: the probability that a sale will result in a sales commission, given that 75%of the sales representatives receive a commission on their sales and that 80 % of the company’s sales are made by sales reps.
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To find the joint probability we need to use Bayes theorem wh...View the full answer
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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