Question
recent survey reported in Bloomberg Businessweek dealt with the salaries of CEOs at large corporations and whether company shareholders made money or lost money. CEO
recent survey reported inBloomberg Businessweekdealt with the salaries of CEOs at large corporations and whether company shareholders made money or lost money.
CEO Paid More ThanCEO Paid Less Than$1 Million$1 MillionTotalShareholders made money31316Shareholders lost money6713Total92029
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If a company is randomly selected from the list of 29 studied, what is the probability:
- The CEO made more than $1 million?(Round your answer to 4 decimal places.)
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Microeconomics
Authors: Douglas Bernheim, Michael Whinston
2nd edition
73375853, 978-0073375854
