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 2 decimal places
business
What business and technical skills are critical for today's intelligence/analytics and information management professionals? As part of Information Week's 2014 U.S. IT Salary Survey, business intelligence/analytics and data integration/warehousing 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
568
442
1010
Not Critical
129
697
109
551
238
Total
1,248
Source: Data extracted from "2014 Salary Survey: BI & Analytics," InformationWeek Reports, May 2014, p.35, 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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