An internet job recruitment company, Company1, claims on their company doubles the probability of successful job offers compared to another job recruitment company, Company2. The website claimed that the odds of the Company2 being successful in job offers were 2:5, and that Companyl odds of success are 4:5

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
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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An internet job recruitment company, Company1, claims on their website that their
company doubles the probability of successful job offers compared to another job
recruitment company, Company2. The website claimed that the odds of the Company2
being successful in job offers were 2:5, and that Companyl odds of success are 4:5
5. Explain whether or not the website's claims are accurate.
Transcribed Image Text:Use the following information to answ An internet job recruitment company, Company1, claims on their website that their company doubles the probability of successful job offers compared to another job recruitment company, Company2. The website claimed that the odds of the Company2 being successful in job offers were 2:5, and that Companyl odds of success are 4:5 5. Explain whether or not the website's claims are accurate.
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