Question

In: Math

A company is to hire two employees. They have prepared a final list of eight candidates,...

  1. A company is to hire two employees. They have prepared a final list of eight candidates, all of whom are equally qualified. Of these eight candidates, five are women. If the company decides to select two persons randomly from these eight candidates, what is the probability that:
  1. Both candidates are women.
  2. The second candidate is a woman.
  3. The first candidate is a woman given that second one is a woman.

Solutions

Expert Solution

a company is to hire two employees. they have prepared a final list of eight candidates, all of whom are equally qualified. of these eight candidates , five are women. if the company decides to select two persons randomly from these eight candidates. some probabilities of several event as follows:-

milcah answered 1 year ago
Next > < Previous

Related Solutions

ELO manufacturing is looking to hire a new plant supervisor. They have 2 qualified candidates, Charlie,...
ELO manufacturing is looking to hire a new plant supervisor. They have 2 qualified candidates, Charlie, 43 and Kevin, 36. Both would have a starting salary of $62,000. Each could expect a 3% cost of living raise each year. ELO Inc. also has a defined Benefit Pension plan that pays 35% of final salary as a benefit, for all employees with 20 years (or more) of service. They add a 2% increase in pension multiplier for each additional year of...
If a company needs to hire employees during a work shortage, how would they utilize the...
If a company needs to hire employees during a work shortage, how would they utilize the "Increase of supply" and "monopsony" concepts in order to attract potential employees?
​​​(Alternative dividend policies​) Final earnings estimates for the Smithfield Meat Packing Company have been prepared for...
​​​(Alternative dividend policies​) Final earnings estimates for the Smithfield Meat Packing Company have been prepared for the CFO of the company and are shown in the following​ table: LOADING.... The firm has 7,700,000 shares of common stock outstanding. As assistant to the​ CFO, you are asked to determine the yearly dividend per share to be paid depending on the following possible​ policies: a. A stable dollar dividend targeted at 40 percent of earnings over a​ 5-year period. b. A​ small,...
Once you have a list of potential business candidates, what is the next step to take...
Once you have a list of potential business candidates, what is the next step to take when considering buying a business and what are the questions to ask?
A small insurance company with approximately 50 employees wants to hire an office manager. Technical insurance...
A small insurance company with approximately 50 employees wants to hire an office manager. Technical insurance knowledge is not required. The company is looking for someone with good organizational skills, managerial and supervisory skills, the ability to manage budgets and schedules, the ability to coordinate meetings, and excellent communication, interpersonal, and computer skills. Work experience is preferred. Analyze your knowledge and skills to determine if you have the qualifications to apply for this position. List your technical skills that are...
You have two employment candidates for a marketing position. Both have similar educational backgrounds and certifications....
You have two employment candidates for a marketing position. Both have similar educational backgrounds and certifications. However, the first candidate has 20 years of related experience while the second candidate has 6 years of similar experience. The first candidate is asking for a competitive base salary plus one week extra vacation as part of the benefits package. The second candidate is asking for a competitive base salary plus a company smart phone (upgraded each year), and paid Internet service at...
Suppose there are two individuals who share a house and garden. They have decided to hire...
Suppose there are two individuals who share a house and garden. They have decided to hire a gardener to take care of their front and backyard, but they will each individually decide how much to contribute to paying the gardener. The gardener works for $50 an hour. They both have an income of $4,000 and they both value a tidy garden (measured by the hours G that the gardener works) and private good. Person 1's utility function is given by...
Suppose there are two individuals who share a house and garden. They have decided to hire...
Suppose there are two individuals who share a house and garden. They have decided to hire a gardener to take care of their front and backyard, but they will each individually decide how much to contribute to paying the gardener. The gardener works for $50 an hour. They both have an income of $4,000 and they both value a tidy garden (measured by the hours G that the gardener works) and private good. Person 1's utility function is given by...
In your course readings you would have come across a list of eight sectors of the...
In your course readings you would have come across a list of eight sectors of the tourism industry. List them and beside each one, explain the challenge you feel will be the hardest for that sector to overcome.
​(Dividend policies​) Final earnings estimates for Chilean Health Spa​ & Fitness Center have been prepared for...
​(Dividend policies​) Final earnings estimates for Chilean Health Spa​ & Fitness Center have been prepared for the CFO of the company and are shown in the following​ table: LOADING... . The firm has 7 comma 700 comma 000 shares of common stock outstanding. As assistant to the​ CFO, you are asked to determine the yearly dividend per share to be paid depending on the following possible​ policies: a. A stable dollar dividend targeted at 50 percent of earnings over a​...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT