question archive A large corporation requires all new employees to go through a 1-year training programis Personnel files show that 3 out of every 5 trainees complete the programme and stay with the company for at least 3 years
A large corporation requires all new employees to go through a 1-year training programis Personnel files show that 3 out of every 5 trainees complete the programme and stay with the company for at least 3 years
Subject:BusinessPrice: Bought3
A large corporation requires all new employees to go through a 1-year training programis Personnel files show that 3 out of every 5 trainees complete the programme and stay with the company for at least 3 years. If the company hires 6 new employees and the drop out rate remains unchanged. What is the probability that a least 3 trainees will be with the company after 3 years? (b) Management believes that 20% of the people watching a television advertisement about their new product will purchase the product. Five persons who watched their advertisement are picked at random. What is the probability that2 persons will not purchase the product?
