Question: The first interviewer you meet with is explaining to you the importance of knowing the regional business landscape in order to be best prepared for
The first interviewer you meet with is explaining to you the importance of knowing the regional business landscape in order to be best prepared for new potential clients. She shows you a spreadsheet predicting potential client types with the following information. Is there any reason to believe this information is not accurate? Explain to your interviewer why you feel this information is or is not accurate.
Client Type/Probability
Corporate
.45
Small Business
.11
Legal
.09
Government
.29
Private
.7
This was my answer and it was counted as wrong:
Based on the information above, I can conclude that the information is not accurate. The sum of all probabilities in a sample space is 1. The sum of these probabilities do not equal one.
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