In the first quarter of a year, a company’s records showed that 68% of its sales employees missed no work and 76% of its sales employees made their sales quota for the quarter. Of the sales employees who missed no work, 87% made their sales quota for the quarter. What is the probability that a randomly selected sales employee in the company missed no work and made their sales quota for the quarter
 👍
 👎
 👁
 ℹ️
 🚩
1 answer

If the events are independent, the probability of both/all events occurring is determined by multiplying the probabilities of the individual events.
.68 * .87 = ? 👍
 👎
 ℹ️
 🚩
Answer this Question
Related Questions

mathematics
You are considering applying for a job as sales representative for a company that makes tanker trucks. You see this graph displayed in some company literature. In which way(s), if any, is this graph misleading? explain your answer.

statistics
The probability that a 30year old white male will live another year is .99842. What premium would an insurance company charge to break even on a 1year $1 million dollar term life insurance policy?

Statistics
12.34 Screening job applicants. A company retains a psychologist to assess whether job applicants are suited for assemblyline work. The psychologist classifies applicants as one of A (well suited), B (marginal), or C (not suited). The company is concerned

Ethics
M.K. Gallant is president of Kranbrack Corporation, a company whose stock is traded on a national exchange. In a meeting with investment analysts at the beginning of the year, Gallant had predicted that the company’s earnings would grow by 20% this year.

Managerial Accounting
• Calculate the annual breakeven point in dollar sales and in unit sales for Shop 48. • Prepare a CVP graph showing cost and revenue data for Shop 48 from zero shoes up to 17,000 pairs of shoes sold each year. Clearly indicate the breakeven point on

College algebra
Curt can be paid in one of two ways for the sales he generates: Plan A: 900$ per month plus 10% sales commission. Plan B: $1200 per month plus 15% commission on sales above $8,000. Assuming he always exceeds $8,000 in sales, for what amount interval of $

Social Studies
How was the art of ancient Mesopotamia different from that of earlier cultures? A. It included monuments that glorified the gods and showed religion in society. B. It included pretend animals and showed human imagination. C.

Math
Nataly is considering two job offers. The first job would pay her $83,000 per year. The second would pay her $66,500 plus 15% of her total sales. What would her total sales need to be for her salary on the second offer be higher than the first?

Expected Value?
A company estimates that 0.4% of their products will fail after the original warranty period but within 2 years of the purchase, with a replacement cost of $300. If they offer a 2 year extended warranty for $46, what is the company's expected value of each

Check my work
Danielle likes to work alone and has strong math and analysis skills. She like the challenges of the outdoors and regularly records her observations. For which kind of job would she be most suited? Select two apply. a. Botanist b. Biology teacher**** c.

cc
You are offered two different sales jobs. The first company offers a straight commission of 9% of the sales. The second company offers a salary of $ 260 per week plus 4% of the sales. How much would you have to sell in a week in order for the straight

business
Suppose you are opening a 1,000squarefoot baseball card store. Your lease calls for a flat monthly rent of $1.75 per square foot plus 5 percent of your gross annual sales. What is the total rent you will pay in one year if you have sales of $85,000?

Expected Value extended warranty
A company estimates that 0.2% of their products will fail after the original warranty period but within 2 years of the purchase, with a replacement cost of $450. If they offer a 2 year extended warranty for $55, what is the company's expected value of each

Math
Statistics show that the sales force of Golden Wholesalers successfully closed 1,711 sales out of 1,950 sales calls. What was their percent success rate?

statistics
A company selling clothes on the internet reports that the package it ships have a median weight of 85 ounces with an IQR of 56 ounces. The company plans to include a sales flyer weighing 2 ounces in each package. what will the new median and IQR BE?

Math
When hired at a new job selling jewelry, you are given two pay options: Option A: Base salary of $16,000 a year, with a commission of 10% of your sales Option B: Base salary of $20,000 a year, with a commission of 3% of your sales In order for option A to

home economics
A company is planning to invest $75,000 (before taxes) in a personnel training program. The $75000 outlay will be charged off as an expense by the firm this year (Year 0). The returns estimated from the program in the forms of greater productivity and less

Managerial Accounting
M.K. Gallant is president of Kranbrack Corporation, a company whose stock is traded on a national exchange. In a meeting with investment analysts at the beginning of the year, Gallant had predicted that the company’s earnings would grow by 20% this year.

Algebra 2
A company placed $1,000,000 in three different accounts. It placed part in short term notes paying 4.5% per year, twice as much in government bonds paying 5%, and the rest in utility bonds paying 4%. The income after one year was $45,500. What are the

PreCalculus
A car manufacturing company (the Company) can produce a car for $3000.00 and a truck for $5000.00. Suppose "C" cars and "T" trucks are sold to the dealer at markups, respectively, of 20 and 30 percent. If the Company made a profit of $27 million on sales
Still need help?
You can ask a new question or browse existing questions.