The National Survey Engineering LLC Dubai, conducted a national survey of small business owners to determine the challenges for growth for their businesses. The top challenge, selected by 46% of the small business owners, was the economy. A close second was finding qualified workers (37%). Suppose 15% of the small business ownersselected both the economy and finding qualified workers as challenges for growth. A small-business owner is randomly selected.We denote E: Economy is a challenge for growthQ: Finding qualified workers is a challenge for growth What is the probability that the owner believes the economy is a challenge for growth if the owner believes that finding qualified workers is a challenge for growth? What is the probability that the owner believes that finding qualified workers is a challenge for growth if the owner believes that the economy is a challenge for growth? Given that the owner does not select the economy as a challenge for growth, what is the probability that the owner believes that finding qualified workers is a challenge for growth?

Name: The National Survey Engineering LLC Dubai, conducted a national survey
Uploaded: 2024-03-20T07:06:27.000Z
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Description: The National Survey Engineering LLC Dubai, conducted a national survey of small business owners to determine the challenges for growth for their businesses. The top challenge, selected by 46% of the small business owners, was the economy. A close sec

Given information: Event E = Economy is a challenge for growth Event Q = Finding qualified workers…

Answered: The National Survey Engineering LLC…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

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The National Survey Engineering LLC Dubai, conducted a national survey of small business owners to determine the challenges for growth for their businesses. The top challenge, selected by 46% of the small business owners, was the economy. A close second was finding qualified workers (37%). Suppose 15% of the small business owners
selected both the economy and finding qualified workers as challenges for growth. A small-business owner is randomly selected.

We denote E: Economy is a challenge for growth
Q: Finding qualified workers is a challenge for growth

What is the probability that the owner believes the economy is a challenge for growth if the owner believes that finding qualified workers is a challenge for growth?
What is the probability that the owner believes that finding qualified workers is a challenge for growth if the owner believes that the economy is a challenge for growth?
Given that the owner does not select the economy as a challenge for growth, what is the probability that the owner believes that finding qualified workers is a challenge for growth?

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