Sixty eight percent of the employees in a company have managerial positions, and 37 percent of the employees in the company have MBA degrees. Also, 68 percent of the managers have MBA degrees. Using the probability formulas, find the proportion of employees who either have MBAs or are managers. (Round your answer to 2 decimal places.) Proportion of employees
Sixty eight percent of the employees in a company have managerial positions, and 37 percent of the employees in the company have MBA degrees. Also, 68 percent of the managers have MBA degrees. Using the probability formulas, find the proportion of employees who either have MBAs or are managers. (Round your answer to 2 decimal places.) Proportion of employees
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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