Describe the probability for the given requirements

Assignment Help Management Theories
Reference no: EM131455072

Question: A survey of magazine subscribers showed that 45.8% rented a car during the past 12months for business reasons, 54% rented a car during the past 12 months for personal reasons, and 30% rented a car during the past 12 months for both business and personal reasons.

a. What is the probability that a subscriber rented a car during the past 12 months for business or personal reasons?

b. What is the probability that a subscriber did not rent a car during the past 12 months for either business or personal reasons?

Reference no: EM131455072

Questions Cloud

What difference would result in earnings per share of stock : ACC 245 D20 Spring 2017 - If GameStop Corp chose to issue another round of corporate bonds, how much interest rate should they offer and Would you recommend changing a percentage of their unsecured borrowing to issuing bonds?
Which regression is preferred by aicc and by bic : What is an information criterion? Intuitively, what two factors do information cri- teria try to balance? Which regression is preferred by AICc? By BIC?
What is the probability the acc will have a team : What NCAA college basketball conferences have the higher probability of having a team play in college basketball's national championship game?
Labor-management relationship : Discuss how disciplinary procedures, in conjunction with just cause, affect the labor-management relationship.
Describe the probability for the given requirements : A survey of magazine subscribers showed that 45.8% rented a car during the past 12months for business reasons, 54% rented a car.
Lawsuit against an organization relative to compensation : Research an article in the media regarding a lawsuit against an organization relative to compensation.
Human resource management department : Identify and explain in sufficient detail five (5) of the primary responsibilities of the Human Resource Management Department.
Bond and equity analysis : Bond and Equity Analysis - Find the current yield, yield to maturity, duration, modified duration and convexity for each bond
Which company provides the highest dividend yield : Dividend yield is the annual dividend per share a company pays divided by the current market price per share expressed as a percentage.

Reviews

Write a Review

Management Theories Questions & Answers

  Learning in action

Learning contract proposal that will form the basis of your learning contract report.

  Change is the only constant

"Change is the only constant " Evaluate the different types of change that have occurred in Sony.

  How do advertisers try to use group influence

How do advertisers try to use group influence?  Will you find any specific examples and explain the relevant theory of group behavior and influence?

  Case study:saving sony

You have been appointed by Sony as a consultant on change management. Advise Sony on how they could implement the change by using the various theories of change you have learnt.

  How the stock market works

The purpose of this project is to help you to gain an understanding of how the stock market works and of the relationship between theory and practice.

  Find the optimal production quantities

Find not only the optimal production quantities, but also the optimal total cost.

  Describe the management process

Describe the management process and identify the skills required to manage business organizations.

  Case study : bert''s bonsai and aquatic sport museum

Case Study : Bert's Bonsai and Aquatic Sport Museum Prepare a knowledge management system.

  Knowledge management techniques

Demonstrate understanding of the many-sided nature of knowledge management

  Theory of transtheoretical model

Demonstrate understanding of the many-sided nature of knowledge management

  Write a paper on historical trends of management

Write a paper on Historical Trends of Management.

  Theory of reasoned action

Theory of Planned Behavior and Integrated Behaviors Model

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