A survey of 300 CEOs was conducted in which the CEOs were to list their corporation’s geographical location: Northeast (NE), Southeast (SE), Midwest (MW), Southwest (SW), and West (W). They were also requested to indicate their company’s industrial type: Communication (C), Electronics (E), Finance (F), and Manufacturing (M). The file titled CEOInfo contains sample data similar to that used in this study.
a. Determine the probability that a randomly chosen CEO would have a corporation in the West.
b. Compute the probability that a randomly chosen CEO would have a corporation in the West and head an electronics corporation.
c. Calculate the probability that a randomly chosen CEO would have a corporation in the East or head a communications corporation.
d. Of the corporations located in the East, calculate the probability that a randomly selected CEO would head a communications corporation.