Frorty percent of the new employees that a certain firm hires do not have colleg

Question

Frorty percent of the new employees that a certain firm hires do not have college degrees. Of those employees who do not have college degrees, 30% get promoted to mid-level management in three years. Of those employees who do you have college degrees, 65% get promoted to mid-level management in three years. A. If a new employee who does not have college degrees is selected at random, what is the probability that he/she will move to mid-level management in three years? B. If an employee gets promoted given they have a college degree? Frorty percent of the new employees that a certain firm hires do not have college degrees. Of those employees who do not have college degrees, 30% get promoted to mid-level management in three years. Of those employees who do you have college degrees, 65% get promoted to mid-level management in three years. A. If a new employee who does not have college degrees is selected at random, what is the probability that he/she will move to mid-level management in three years? B. If an employee gets promoted given they have a college degree? A. If a new employee who does not have college degrees is selected at random, what is the probability that he/she will move to mid-level management in three years? B. If an employee gets promoted given they have a college degree?

Explanation / Answer

a)

probability = 30% (as given in question)

b)

probability of degree = 0.6

probability of degree and promotion = 0.6 * 0.65 = 0.39

probablity employee gets promoted given they have college degree

= 0.39/0.6

= 0.65

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