Employees of a Local University Have Been Classified According to Gender

question 96

Multiple Choice

Employees of a local university have been classified according to gender and job type. If an employee is selected at random, what is the probability that the employee is female, given that the employee is a salaried member of the staff?

• A) .167
• B) .500
• C) .625
• D) 267
• E) .375

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Definitions:

R

Often used as a symbol representing the interest rate or rate of return in financial equations.

Budgeted Sales

The projected amount of sales revenue a company expects to earn over a specific period, often used for planning purposes.

Actual Sales

The real revenue generated from goods or services sold, measured within a specific period.

Implied Value

a value that is not directly stated but can be derived from given information through analysis or calculation.