Question

In: Statistics and Probability

Of 6 employees, 3 have been with the company five or more years. If 4 employees...

Of 6 employees, 3 have been with the company five or more years. If 4 employees are chosen randomly from the group of 6, what is the probability that exactly 2 will have five or more years seniority?

Solutions

Expert Solution

Population:

Five or more years seniority = 3

Less than five years seniority = 3

Total employees = 6

Sample:

Five or more years seniority = 2

Less than five years seniority = 2

Total employees = 4

4 Employees can be selected from 6 employees in:

2 Five or more years seniority can be selected from 3 Five or more years seniority in:

2 Less than years seniority can be selected from 3 Less than years seniority in:

So,

Probability that exactly 2 will have five or more years seniority = 3 X 3 /15

                                                                                          = 0.6

So,

Answer is:

0.6


Related Solutions

Betty has been working at her firm for 10 years. There are five employees in her...
Betty has been working at her firm for 10 years. There are five employees in her department that do her same job. The other four employees are male. She recently learned that she was hired at a lower salary than her male counterparts, and that she is paid approximately 10% lower that all of her colleagues. If Betty decides to sue her employer for sex-based discrimination, what information would she have to show to support a cause of action? ....
Betty has been working at her firm for 10 years. There are five employees in her...
Betty has been working at her firm for 10 years. There are five employees in her department that do her same job. The other four employees are male. She recently learned that she was hired at a lower salary than her male counterparts, and that she is paid approximately 10% lower that all of her colleagues. If Betty decides to sue her employer for sex-based discrimination, what information would she have to show to support a cause of action? if...
Scenario 6: Your organization is shifting and you have a team of employees that have been...
Scenario 6: Your organization is shifting and you have a team of employees that have been notified that they are no longer part of the organization. Some employees will have an end date in one month, some in three months and some in six months. A few employees feel betrayed and are no longer performing at a high level. These employees are scheduled depart in six months. 1. How will you keep these employees motivated?
QUESTION 5     [10 A department has five employees and five jobs have been received which must...
QUESTION 5     [10 A department has five employees and five jobs have been received which must be assigned to the employees for completion. The time (in hours) each person will take to complete each job is given in the table below. Assign the jobs so as to minimize the total number of man-hours required to complete the jobs. Identify the optimal assignments and compute the total minimum time required to complete all jobs.                                                                                  ...
You are given the following results from a sample of five observations. 4 6 3 4...
You are given the following results from a sample of five observations. 4 6 3 4 3 ​ a. Construct a 99% confidence interval for the population variance. b. The null and alternative hypotheses are H0: σ2 ≥ 2 and Ha: σ2 < 2. Compute the test statistic. c. Perform the test of the hypothesis at the 1% level. d. What do you conclude about the population variance?
[4 5 5 2 4 4 6 3 3 7 5 3 6 3 4 4...
[4 5 5 2 4 4 6 3 3 7 5 3 6 3 4 4 6 5 4 5 3 7 5 5 4 2 6 5 6 6] This is my dataset Find mean, median, mode, variance, standard deviation, coefficient of variation, range, 70th percentile, 3rdquartile of the data and skewness and define what each of these statistics measure. For example, mean is a measure of the central tendency, what about the rest? Use Chebyshev’s rule to find...
[4 5 5 2 4 4 6 3 3 7 5 3 6 3 4 4...
[4 5 5 2 4 4 6 3 3 7 5 3 6 3 4 4 6 5 4 5 3 7 5 5 4 2 6 5 6 6] This is my dataset Split the dataset in two equal parts. You have 30 datavalues. If you split the data in two equal parts each part will contain 15 data values.  Call the first part Y and second part X.Draw scatter plot of the 2 datasets, X being on the horizontal...
Pick a public company (worldcom) that has recently (in the past 3-4 years) been featured prominently...
Pick a public company (worldcom) that has recently (in the past 3-4 years) been featured prominently in the news as having experienced fraud and/or gross negligence (reporting or accounting). Then in an essay of 250-300 words, discuss how a good system of internal control may have prevented the problem and or detected it sooner. Describe what could have been done differently and by whom.
Jeremy and Alyssa Johnson have been married for five years and do not have any children....
Jeremy and Alyssa Johnson have been married for five years and do not have any children. Jeremy was married previously and has one child from the prior marriage. He is self-employed and operates his own computer repair store. For the first two months of the year, Alyssa worked for Office Depot as an employee. In March, Alyssa accepted a new job with Super Toys Inc. (ST), where she worked for the remainder of the year. This year, the Johnsons received...
Jeremy and Alyssa Johnson have been married for five years and do not have any children....
Jeremy and Alyssa Johnson have been married for five years and do not have any children. Jeremy was married previously and has one child from the prior marriage. He is self-employed and operates his own computer repair store. For the first two months of the year, Alyssa worked for Office Depot as an employee. In March, Alyssa accepted a new job with Super Toys Inc. (ST), where she worked for the remainder of the year. This year, the Johnsons received...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT