Question: Analyzing Data: Basic Probability Use Excel to calculate all values & probability Show all formulas and calculations Round all answers to 2 decimal places business
Analyzing Data: Basic Probability
Use Excel to calculate all values & probability
Show all formulas and calculations
Round all answers to decimal places
business
What business and technical skills are critical for today's intelligenceanalytics and information management professionals? As part of Information Week's US IT Salary Survey, business intelligenceanalytics and data integrationwarehousing professionals, both staff and managers, were asked to indicate what business and technical skills are critical to their job. The list of business and technical skills included Analyzing Data. The following table summarizes the responses to this skill:
PROFESSIONAL POSITION
ANALYZING
DATA
Staff
Management
Total
Critical
Not Critical
Total
Source: Data extracted from Salary Survey: BI & Analytics," InformationWeek Reports, May p reports.informationweek.com. Data revised
a Given that a professional is staff, what is the probability that the professional indicates analyzing data as critical to their job?
b Given that a professional is staff, what is the probability that the professional indicates analyzing data is not critical to their job?
c Given that a professional is a manager, what is the probability that the professional indicates analyzing data as critical to their job?
d Given that a professional is a manager, what is the probability that the professional indicates analyzing data is not critical to their job?
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