A Company Evaluates Its Potential New Employees Using Three Criteria

question 229

Essay

A company evaluates its potential new employees using three criteria.
A: The applicant has a minimum college GPA of 3.0.
B: The applicant has relevant work experience.
C: The applicant has a sufficient score on an aptitude test.
a. Write the event that an applicant meets all three criteria as a union or intersection of
A, B, and C.
b. Write the event that an applicant meets at least one of the three criteria as a union or
intersection of A, B, and C.

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Definitions:

Cost of Goods Sold

Direct expenditures related to the production of a company's goods, comprising both materials and labor.

Retained Earnings

The portion of a company's profit that is held or retained and saved for future use, investment, or debt repayment, rather than being paid out to shareholders.

Common Shares

Equity investments that represent ownership interests in a corporation, entitling holders to dividends and voting rights.

Net Income

The total earnings of a company after subtracting all expenses, taxes, and losses from total revenue.