A survey conducted by the Segal Company of New York found that in a sample of 189 large companies, 40 offered stock options to their board members as part of their non-cash compensation packages. For small-to-mid-sized companies, 43 of the 180 surveyed indicated that they offer stock options as part of their non-cash compensation packages to their board members. Company Size Stock Options Large Small-to-midsized Yes 40 43 No 149 137

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**Survey on Stock Options in Compensation Packages**

A survey conducted by the Segal Company of New York examined the use of stock options as part of non-cash compensation packages for board members across different company sizes. The survey included:

- **Large Companies:**
  - Sample Size: 189 companies
  - Companies Offering Stock Options: 40

- **Small-to-Mid-Sized Companies:**
  - Sample Size: 180 companies
  - Companies Offering Stock Options: 43

**Table: Stock Options by Company Size**

| Stock Options | Large | Small-to-Midsized |
|---------------|-------|-------------------|
| Yes           | 40    | 43                |
| No            | 149   | 137               |

**Explanation of the Table:**

The table presents data on whether companies provide stock options to their board members as part of their compensation packages.

- The first column indicates the availability of stock options ("Yes" or "No").
- The next two columns categorize the data based on company size (Large vs. Small-to-Midsized).
- For large companies, out of 189 surveyed, 40 offered stock options, while 149 did not.
- For small-to-midsized companies, out of 180 surveyed, 43 offered stock options, while 137 did not.
Transcribed Image Text:**Survey on Stock Options in Compensation Packages** A survey conducted by the Segal Company of New York examined the use of stock options as part of non-cash compensation packages for board members across different company sizes. The survey included: - **Large Companies:** - Sample Size: 189 companies - Companies Offering Stock Options: 40 - **Small-to-Mid-Sized Companies:** - Sample Size: 180 companies - Companies Offering Stock Options: 43 **Table: Stock Options by Company Size** | Stock Options | Large | Small-to-Midsized | |---------------|-------|-------------------| | Yes | 40 | 43 | | No | 149 | 137 | **Explanation of the Table:** The table presents data on whether companies provide stock options to their board members as part of their compensation packages. - The first column indicates the availability of stock options ("Yes" or "No"). - The next two columns categorize the data based on company size (Large vs. Small-to-Midsized). - For large companies, out of 189 surveyed, 40 offered stock options, while 149 did not. - For small-to-midsized companies, out of 180 surveyed, 43 offered stock options, while 137 did not.
a. If a company is selected at random, what is the probability that the company offered stock options to their board members?

b. If a company is selected at random, what is the probability that the company is small-to-mid sized and did not offer stock options to their board members?

c. If a company is selected at random, what is the probability that the company is small to mid-sized or offered stock options to their board member?
Transcribed Image Text:a. If a company is selected at random, what is the probability that the company offered stock options to their board members? b. If a company is selected at random, what is the probability that the company is small-to-mid sized and did not offer stock options to their board members? c. If a company is selected at random, what is the probability that the company is small to mid-sized or offered stock options to their board member?
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