14 percent of the school age population attends private schools and 1% of those get executive-level positions later in their careers. This compares with0.1%of people who attend state schools achieving executive-level positions. What is the probability that a randomly selected person in an executive-level position had attended a private school?
14 percent of the school age population attends private schools and 1% of those get executive-level positions later in their careers. This compares with0.1%of people who attend state schools achieving executive-level positions. What is the probability that a randomly selected person in an executive-level position had attended a private school?
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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14 percent of the school age population attends private schools and 1% of those get executive-level positions later in their careers. This compares with0.1%of people who attend state schools achieving executive-level positions. What is the probability that a randomly selected person in an executive-level position had attended a private school?
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