The probability that a management trainee will remain with a company is 0.60. The probability that an employee earns more than Dollar 10,000 per month is 0.50. The probability that an employee is a management trainee who remained with the company or who earns more than Dollar 10,000 per month is 0.70. What is the probability that an employee earns more than Dollar 10,000 per month, given that he is a management trainee who stayed with the company?
The probability that a management trainee will remain with a company is 0.60. The probability that an employee earns more than Dollar 10,000 per month is 0.50. The probability that an employee is a management trainee who remained with the company or who earns more than Dollar 10,000 per month is 0.70. What is the probability that an employee earns more than Dollar 10,000 per month, given that he is a management trainee who stayed with the company?
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 4ECP: Show that the probability of drawing a club at random from a standard deck of 52 playing cards is...
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Transcribed Image Text:The probability that a management trainee
will remain with a company is 0.60. The
probability that an employee earns more
than Dollar 10,000 per month is 0.50. The
probability that an employee is a
management trainee who remained with the
company or who earns more than Dollar
10,000 per month is 0.70. What is the
probability that an employee earns more
than Dollar 10,000 per month, given that he
is a management trainee who stayed with
the company?
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