(Answered) Thirty percent of the managers in a certain company have

Statistics

Thirty percent of the managers in a certain company have MBA degrees as well as professional training. Eighty percent of all managers in the firm have professional training. If a manager is randomly chosen and found to have professional training, what is the probability that he or she also has an MBA?

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M93112489
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

A bottle of water is supposed to have 20 ounces the

A bottle of water is supposed to have 20 ounces. The bottling company has determined that 98% of bottles have the correct amount. Which of the following describes a binomial experiment that would determine the probabilit ...

Question 1a consumer analyst reports that the mean life of

Question 1 A consumer analyst reports that the mean life of a certain type of alkaline battery is no more than 63 months. Write the null and alternative hypotheses and note which is the claim. A)Ho: μ ≤ 63 (claim), Ha: μ ...

A study showed that in 1990 47 of all those involved in a

A study showed that in? 1990, 47?% of all those involved in a fatal car crash wore seat belts. Of those in a fatal crash who wore seat? belts,44?% were injured and 27?% were killed. For those not wearing seat? belts, the ...

The probability that a football game will go into overtime

The probability that a football game will go into overtime is 15%. What is the probability that exactly two of three football games will go to into? overtime? Round to the nearest thousandth.

For each of the following describe1 the direction of the

For each of the following describe: 1. The direction of the relationship 2. The strength of the relationship 3. A verbal description of the relationship between the variables. r = -.96 between the craving for Taco Bell a ...

What are the ways that it can help comply with legal

What are the ways that IT can help comply with legal requirements and social responsibilities surrounding the sales of alcohol?

A process is normally distributed with a mean of 104

A process is normally distributed with a mean of 104 rotations per minute and a standard deviation of 8.2 rotations per minute. If a randomly selected minute has 118 rotations per minute, would the process be considered ...

The length of time a person takes to decide which shoes to

The length of time a person takes to decide which shoes to purchase is normally distributed with a mean of 8.21 minutes and a standard deviation of 1.90. Find the probability that a randomly selected individual will take ...

You have two investments that either make money or lose

You have two investments that either make money or lose money. Each one has a 60 percent chance of making money, and a forty percent chance of losing money. There is a 30 percent chance that both investments make money. ...

Many raleigh north carolinians owns one or more tvs below

Many Raleigh, north Carolinian's owns one or more TVs. Below is a distribution of the number of TVs per house hold in Raleigh. Fill in the missing probability to make a valid discrete probability distribution or explain ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Statistics and Probability Expert