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Among the candidates who apply for the post of Senior Accountant of a certain company, 34% have more than 10 years of experience, 35% have
Among the candidates who apply for the post of Senior Accountant of a certain company, 34% have more than 10 years of experience, 35% have an MBA degree. It is also known that 20% of the candidates applying for this post have both more than 10 years of experience and an MBA degree. Suppose a candidate is randomly selected from those who are applying for this post. Let E be the event that a candidate having more than 10 years of experience is selected, and M be the event that a candidate with an MBA degree is selected. (i) Find the probability P(E or M). Correct your answer to 2 decimal places. (ii) Explain if event E and event M are independent or dependent. (iii) Find the probability that a randomly selected candidate does not have an MBA degree given that the candidate has more than 10 years of experience. Correct your answer to 2 decimal places. (iv) Find the probability that a randomly selected candidate has an MBA degree but not more than 10 years of experience. Correct your answer to 2 decimal places
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