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An applicant has an estimated 30% chance of being hired by a company. She has been scheduled for an on-site interview. Historically, 80% of hired
An applicant has an estimated 30% chance of being hired by a company. She has been scheduled for an on-site interview. Historically, 80% of hired applicants have had on-site interviews, and 40% of unhired applicants have had on-site interviews. Given that this applicant has been scheduled for an on-site interview, what is the probability that she will be hired? Please provide your answer rounded to three decimals. Hint: This question can be solved using the Bayes theorem for revised probability
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