Probability of the company uses flexible work arrangements

Assignment Help Basic Statistics
Reference no: EM131670912

Question: In a study of incentives used by companies to retain mature workers by The Conference Board, it was reported that 41% use flexible work arrangements. Suppose that of those companies that do not use flexible work arrangements, 10% give time off for volunteerism. In addition, suppose that of those companies that use flexible work arrangements, 60% give time off for volunteerism. If a company is randomly selected, determine the following probabilities:

a. The company uses flexible work arrangements or gives time off for volunteerism.

b. The company uses flexible work arrangements and does not give time off for volunteerism.

c. Given that the company does not give time off for volunteerism, the company uses flexible work arrangements.

d. The company does not use flexible work arrangements given that the company does give time off for volunteerism.

e. The company does not use flexible work arrangements or the company does not give time off for volunteerism.

Reference no: EM131670912

Questions Cloud

Describe the evolutionary perspective for finding a mate : Describe the evolutionary perspective for finding a mate. How have things changed and how have they stayed the same with regard to mate selection?
Run an analysis perform evaluation and capture the results : For each study the general procedure is to: Run an analysis, perform evaluation, and capture the results
Probability-marketing person selected direct sales-sales rep : Pitney Bowes surveyed 302 directors and vice presidents of marketing at large and midsized U.S. companies to determine what they believe is the best vehicle.
Locate a news article describing an act of altruism : Locate a news article describing an act of altruism. Write word paper in which you analyze the act of altruism.
Probability of the company uses flexible work arrangements : If a company is randomly selected, determine the following probabilities: The company uses flexible work arrangements or gives time off for volunteerism.
What underlying message about sexuality did program present : What underlying message or stereotype about sexuality did the program present? Did it presents its message or stereotype visually or verbally?
Explanations for gender differences in aggressiveness : Given the implications of this theory, what do you suggest for reducing aggression in our society?
Discuss cultural versus evolutionary explanations : Discuss cultural versus evolutionary explanations for gender differences in aggressiveness.
Short paper on the product development process : The role of suppliers, customers, employees, and risks in new product development - An overview of the tools for improving the new product development process

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