The probability that a university graduate will be offered no jobs within a month of graduation is estimated to be 5%. The probability of receiving one, two, and three job offers has similarly been estimated to be 37%, 27%, and 31%.
Determine the following probabilities:
A. P (A graduate is offered fewer than two jobs)=?
B. P (A graduate is offered more than one job)= ?
48
52
42
58
To determine the probabilities, we need to understand the given information about the job offers. Let's break down each part of the question:
A. P (A graduate is offered fewer than two jobs):
To find this probability, we need to add up the probabilities of being offered no jobs and being offered only one job.
P (A graduate is offered fewer than two jobs) = P (offered no jobs) + P (offered one job)
Given that the probability of being offered no jobs is 5% and the probability of being offered one job is 37%, we can substitute these values into the equation:
P (A graduate is offered fewer than two jobs) = 5% + 37% = 42%
Therefore, the probability that a graduate is offered fewer than two jobs is 42%.
B. P (A graduate is offered more than one job):
To find this probability, we need to add up the probabilities of being offered two jobs and being offered three jobs.
P (A graduate is offered more than one job) = P (offered two jobs) + P (offered three jobs)
Given that the probability of being offered two jobs is 27% and the probability of being offered three jobs is 31%, we can substitute these values into the equation:
P (A graduate is offered more than one job) = 27% + 31% = 58%
Therefore, the probability that a graduate is offered more than one job is 58%.
8/50
A. Probability of 0 or 1 job offer.
B. Probability of 2 or 3 job offers.
To find either-or probability, add the individual probabilities.
42
58