The board of a large corporation is composed of 7 females and 5 males. The board needs
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The board of a large corporation is composed of 7 females and 5 males. The board needs to obtain a two-thirds majority to update the organization’s strategic alignment. Statistics show that females have voted in favor of proposals 70% of the time and males 60% of the time. Develop a probability tree to determine the probability that the strategic alignment of the corporation will change.
( LO,1)
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