Probability that applicant gets offer from both companies

Assignment Help Basic Statistics
Reference no: EM13144563

An applicant has applied for positions at Company A and Company B. The probability of getting an offer from Company A is 0.4, and the probability of getting an offer from Company B is 0.3. Assuming that the two job offers are independent of each other, what is the probability that the applicant gets an offer from both companies?

Reference no: EM13144563

Questions Cloud

Discuss tax effects of the distribution : During the year, his net share of the corporate taxable income is $11,000. At the end of the year Jeff receives a $15000 distribution. Discuss the tax effects of the distribution.
Complete income statement and an owner equity statement : B. Snyder income statement for the year ended July 31, 2010 Complete income statement and an owner's equity statement for the year. The owner did not make any new investments during the year.
Short-term and readily marketable : Assume all investments are short-term and readily marketable. The following transactions occurred.June 2; purchased 300 shares of Beaty Corporation common stock for $45 per share; July 1; purchased 200 Meng Corporation bonds for $220,000; July 30;..
What amount of energy is required to melt ice : What amount of energy is required to melt a 13.5 g piece of ice at 0oC to form liquid water at the same temperature of 0? The heat of fusion of water = 333 J/g , T he specific heat of H2O is approx. constant at 4.18 J/g x C.
Probability that applicant gets offer from both companies : Assuming that the two job offers are independent of each other, what is the probability that the applicant gets an offer from both companies?
Determining portfolio at fair value : Cost is $17,000 and Fair Value is $16,000; Security B; Cost is $22,000 and Fair Value is $26,000; Security C; Cost is $34,000 and Fair Value is $29,000.Instructions: prepare the adjusting entry for Otto Corporation on December 31, 2009 to report t..
Should axillar go ahead with the new conditioning shampoo : What is the net present value of this investment opportunity? Based on your answer to (a) above, should Axillar go ahead with the new conditioning shampoo?
Journal entries-cayuga meadows : Cayuga Meadows purchased 42,000 shares of common stock of Long Corporation as a long-term investment for $1,000,000. During the year, Long Corporation reported net income of $500,000 and paid dividends of $200,000.
Calculate p-value for population of subscribers to golf : The publisher selects a random sample of 200 subscribers and finds that 116 plan to renew their subscriptions. Use (a=0.01). p = the population of subscribers to Golf Illustrated who renew. Calculate the p-value.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd