Question

In: Statistics and Probability

An employer is looking to fill some positions, and several college graduates are interviewed. From past...

An employer is looking to fill some positions, and several college graduates are interviewed. From past experience, we know that the employer will offer second interviews to 65% of the college graduates. Of those graduates offered second interviews, 70% of them will be hired. Only 5% of the college graduates not offered second interviews will be hired.

  1. a) What is the probability of getting offered a second interview and not getting hired?

  2. b) What is the probability of getting hired and not being offered a 2nd interview?

  3. c) What is the probability of a randomly selected graduate (from the original group) being hired?

  4. d) What is the probability of getting hired, given that a second interview was granted?

  5. e) What is the probability of having had a second interview, given that someone was hired?

Solutions

Expert Solution

We are given here that:

P( second interview) = 0.65
Also, P( hired | second interview) = 0.7

Also, P(hired | no second interview ) = 0.05

a) Probability of getting offered a second interview and not getting hired is computed here as:

= P( second interview )P(not hired | second interview) = 0.65*(1 - 0.7) = 0.195

Therefore 0.195 is the required probability here.

b) The probability of getting hired and not being offered a 2nd interview is computed here as:

P( hired and no second interview) = P(no second interview)P(hired | no second interview)

P( hired and no second interview) = (1 - 0.65)*0.05 = 0.0175

Therefore 0.0175 is the required probability here.

c) Now the probability of a randomly selected graduate (from the original group) being hired is computed using law of total probability here as:

P( hired) = P( hired | second interview)P( second interview) + P(hired | no second interview )P(no second interview)

P(hired)= 0.7*0.65 + 0.05*0.35 = 0.4725

Therefore 0.4725 is the required probability here.

d) Now probability of getting hired, given that a second interview was granted is computed here as:

= P(hired | second interview) = 0.7

Therefore 0.7 is the required probability here.

e) The probability of having had a second interview, given that someone was hired is computed using Bayes theorem here as:

P( second interview | hired) = P( hired | second interview)P( second interview) / P(hired)

= 0.7*0.65 / 0.4725

= 0.9630

Therefore 0.9630 is the required probability here.


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