Question: If you could help me with these question i would greatly appreciate it. Use the following informotion for questions 1 and 2 . A Fortune
Use the following informotion for questions 1 and 2 . A Fortune 500 company has 8,000 employees. The employees were-recently asked io conplete a survery tesardiry their preferences between a four-day woek week, a five-day work week; be fhenible hours. eegardiess nt the emplorees'. preforences. they would be required to work 40 hours per week. The results of the survey ats weil as the respondemts' eender aie liated in the table befow. 1. Given that a respondent is in fawor of a four-day work, week, what is the probability that the respondent is a fectale? 2. What is the probability that that a randomly chosen fespondent is a male and is in favof of thexible hours? 3. The IRS plans to audit twenty percent of all tax returns going forward. Past data has indicated that only 3 percent of the audited tax returns have an error in the calculations, Of all the tax returns, 2.5 percent have an ertor in the calculations. Calculate the probability that a tax return will be audited and will have an errof in its calculations
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
