The probability that a management trainee will remain with a company is 0.60. The probability that an employee earns more than Dollar 10,000 per month is 0.50. The probability that an employee is a management trainee who remained with the company or who earns more than Dollar 10,000 per month is 0.70. What is the probability that an employee earns more than Dollar 10,000 per month, given that he is a management trainee who stayed with the company?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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The probability that a management trainee
will remain with a company is 0.60. The
probability that an employee earns more
than Dollar 10,000 per month is 0.50. The
probability that an employee is a
management trainee who remained with the
company or who earns more than Dollar
10,000 per month is 0.70. What is the
probability that an employee earns more
than Dollar 10,000 per month, given that he
is a management trainee who stayed with
the company?
Transcribed Image Text:The probability that a management trainee will remain with a company is 0.60. The probability that an employee earns more than Dollar 10,000 per month is 0.50. The probability that an employee is a management trainee who remained with the company or who earns more than Dollar 10,000 per month is 0.70. What is the probability that an employee earns more than Dollar 10,000 per month, given that he is a management trainee who stayed with the company?
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