Question
1.Every current applicant for a position in the marketing department of Company A is given a 10-question test on interpretation of findings from statistical analyses.
1.Every current applicant for a position in the marketing department of Company A is given a 10-question test on interpretation of findings from statistical analyses. Individuals are rated on three levels based on their scores: Excellent (9-10 correct), Average (5-8 correct), and Poor (fewer than 5 correct). Historically, the probability of an individual scoring Excellent = 0.38, Average = 0.52, and Poor = 0.10. Also, the company knows that 90 percent of applicants who score Excellent are offered a position, 75 percent of applicants who score Average are offered a position, and 35 percent of the applicants who score Poor are offered a position. What is the probability that an individual who is offered a position has an Average score?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started