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The division of the company where you work has 85 employees.Thirty of them are bilingual, and 37% of the bilingual employees have a graduate degree.If an employee of this division is randomly selected, what is the probability that the employee is bilingual and has a graduate degree?
PHStat
A software package that enhances Microsoft Excel with statistical analysis capabilities.
Variance
A measure of how spread out a set of numbers is, indicating the variability from the mean.
Index Fund
An investment fund designed to replicate and match the performance of a specific market index.
Expected Monetary Value
The predicted amount of money that an action or decision is expected to generate, considering all possible outcomes and their probabilities.
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