Find the following joint probability: the probability that a sale will result in a sales commission, given

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Find the following joint probability: the probability that a sale will result in a sales commission, given that 75%of the sales representatives receive a commission on their sales and that 80 % of the company’s sales are made by sales reps.

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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Question Posted: Feb 10, 2024 08:24 AM

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Find the following joint probability: the probability that a sale will result in a sales commission, given

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To find the joint probability we need to use Bayes theorem wh...View the full answer

Statistics For Business And Financial Economics

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