College Professorship ​

question 21

Short Answer

College Professorship ​
A Ph.D.graduate has applied for a job with two colleges: A and B.The graduate feels that she has a 60% chance of receiving an offer from college A and a 50% chance of receiving an offer from college B.If she receives an offer from college B,she believes that she has an 80% chance of receiving an offer from college A.Let A = receiving an offer from college A,and let B = receiving an offer from college B. ​ ​
-{College Professorship Narrative} What is the probability that at least one college will make her an offer?

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Definitions:

Variables

Elements, features, or factors that are likely to vary or change.

Economists

Professionals who study how societies use available resources to produce valuable commodities and distribute them among different people.

Normative Statement

Describes expressions of what ought to be rather than what is, often reflecting opinions or prescriptions for policy rather than objective statements.

Legal Age

The age at which an individual is recognized by law as an adult and capable of accepting responsibility for actions.