A sample of executives were surveyed about loyalty to their company. One of the questions was, “If you were given an offer by another company equal to or slightly better than your present position, would you remain with the company or take the other position?” The responses of the 200 executives in the survey were cross-classified with their length of service with the companyLoyaltyLength of ServiceTotalLess than 1 year1 -5 years6-10 yearsMore than 10 yearsWould Remain1030575120Would Not Remain2515103080Total354515105200If an executive is selected from company what is the probability that:an executive who is loyal to the company (would remain), had 1-5 years of service length.
A sample of executives were surveyed about loyalty to their company. One of the questions was, “If you were given an offer by another company equal to or slightly better than your present position, would you remain with the company or take the other position?” The responses of the 200 executives in the survey were cross-classified with their length of service with the company
Loyalty
Length of Service
Total
Less than 1 year
1 -5 years
6-10 years
More than 10 years
Would Remain
10
30
5
75
120
Would Not Remain
25
15
10
30
80
Total
35
45
15
105
200
If an executive is selected from company what is the probability that:an executive who is loyal to the company (would remain), had 1-5 years of service length.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
