The Managers of a Corporation Were Surveyed to Determine the Background

question 121

Multiple Choice

The managers of a corporation were surveyed to determine the background that leads to a successful manager.Each manager was rated as being either a good, fair, or poor manager by his/her boss. The manager?seducational background was also noted. The data appear below. Given that a manager is a good manager,what is the probability that this manager has some college background? $\begin{array}{l}\text {\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad Educational Background }\\\begin{array} { r | c c c c | c } \begin{array} { c } \text { Manager } \\\text { Rating }\end{array} &\text { H. S. Degree } & \text { Some College } & \text { College Degree } & \text { Master's or Ph.D. } & \text { Totals } \\\hline \text { Good } & 5 & 1 & 28 & 5 & 39 \\\text { Fair } & 8 & 16 & 45 & 18 & 87 \\\text { Poor } & 9 & 4 & 6 & 15 & 34 \\\hline \text { Totals } & 22 & 21 & 79 & 38 & 160\end{array}\end{array}$

• A) \(\frac { 1 } { 39 }\)
• B) \(\frac { 28 } { 39 }\)
• C) \(\frac { 1 } { 160 }\)
• D) \(\frac { 1 } { 21 }\)

---

Definitions:

Partner's Death

The demise of one member in a business partnership or marital relationship, impacting legal and personal outcomes.

Court Is Estopped

A legal principle preventing a court from taking back a statement or position that led someone to take action in reliance on it.

Dissolve The Partnership

The legal process of terminating a business partnership, involving the liquidation of assets and distribution of the proceeds to the partners.

Dissociate

The act of separating or detaching from involvement or association with something.