Question: The probability that a graduating senior will pass the certified
The probability that a graduating senior will pass the certified public accountant (CPA) examination is 0.60. The probability that the graduating senior will both pass the CPA examination and get a job offer is 0.40. Suppose that the student just found out that she passed the CPA examination. What is the probability that she will be offered a job?
Answer to relevant QuestionsTwo stocks A and B are known to be related in that both are in the same industry. The probability that stock A will go up in price tomorrow is 0.20, and the probability that both stocks A and B will go up tomorrow is 0.12. ...A financial service company advertises its services in magazines, runs billboard ads on major highways, and advertises its services on the radio. The company estimates that there is a 0.10 probability that a given individual ...Researchers at Kurume University in Japan surveyed 225 workers aged 41 to 60 years and found that 30% of them were skilled workers and 70% were unskilled. At the time of survey, 15% of skilled workers and 30% of unskilled ...Extend your result from the previous problem to a general case as follows. A random sample of n elements is to be drawn from some population and arranged according to their value, from smallest to largest. What is the ...Use the probability distribution to find the expected number of shipment orders per day. What is the probability that on a given day there will be more orders than the average? X P(x) 0 ..... 0.1 1 ..... 0.2 2 ..... 0.4 3 ...
Post your question