Question: You feel that the schedule is reasonable provided the new manager can be hired in time, but the situation is risky regardless. You figure there
You feel that the schedule is reasonable provided the new manager can be hired in time, but the situation is risky regardless. You figure there is a 70% chance of hiring the new manager in time. If the new manager is hired in time, the chances for success are 80%; however, if the new manager cannot be hired in time, the chances for success are only 40%. Find the probability of success.
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