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

  1. 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.

Using basic properties of probabilities, state two reasons how you know this information is not accurate.

Client Type Corporate Small Business Legal Government Private
Probability 0.45 0.11 -0.09 0.29 0.7

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!