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A recruiting firm divides students into two categories: startup-interested and non- startup-interested. Statistics show that a startup-interested student will join a startup within a 1-year
A recruiting firm divides students into two categories: startup-interested and non- startup-interested. Statistics show that a startup-interested student will join a startup within a 1-year period with probability 0.4, and that non-startup-interested student will join with probability 0.2. Assume that 30% of student population is startup-interested. What is the probability that a student will join a startup within a year?
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