In the evaluation of a sales trining program a firm, Ask an Expert

Management Studies

In the evaluation of a sales trining program, a firm discovered that of 50 sales people receiving bonuses last year, 20 had attended a special training sales training program. The firm employees 200 people. Let B = the event that a salesperson makes a bonus and S = the event that a salesperson attends the sales training program.

a. Find P(B), P(S/B), and P(S upside down U)

b. Assume that 40% of the sales people attended the training program. What is the probability that a salesperson makes a bonus given that given that the salespeople attend the sales training program? Comment on whether B and S are dependent or independent events.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91872363

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