A recent survey reported in Bloomberg Business week dealt with the salaries of CEOs at large corporations
Question:
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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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Related Book For 
Statistical Techniques in Business and Economics
ISBN: 978-0078020520
16th edition
Authors: Douglas Lind, William Marchal
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