Question
Each salesperson in a large department store chain is rated on their sales ability and their potential for advancement. The data for the 515 sampled
Each salesperson in a large department store chain is rated on their sales ability and their potential for advancement. The data for the 515 sampled salespeople are summarized in the following table.
| Potential for Advancement | ||||
| Fair | Good | Excellent | ||
| Sales Ability | Below Average | 19 | 13 | 22 |
| Average | 47 | 61 | 44 | |
| Above Average | 91 | 78 | 140 |
What is the probability that a salesperson selected at random has above average sales ability and is an excellent potential for advancement?
0.23 0.27 0.18 0.4
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Entrepreneurial Finance
Authors: Chris LeachJ LeachRonald Melicher
3rd Edition
0324561253, 9780324561258
