Each Manager of a Corporation Was Rated as Being Either $\frac { 4 } { 87 }$

question 83

Short Answer

Each manager of a corporation was rated as being either a good, fair, or poor manager by his/her boss. The manager's educational background was also noted. The data appear below:

Given that a manager is rated as fair, what is the probability that this manager has no college background?
A) $\frac { 4 } { 87 }$

B) $\frac { 4 } { 11 }$

C) $\frac { 1 } { 40 }$

D) $\frac { 47 } { 80 }$

• A) \(\frac { 4 } { 87 }\)
• B) \(\frac { 4 } { 11 }\)
• C) \(\frac { 1 } { 40 }\)
• D) \(\frac { 47 } { 80 }\)

---

Definitions:

PPACA

The Patient Protection and Affordable Care Act, a U.S. law enacted in 2010 aimed at expanding health insurance coverage, reducing healthcare costs, and improving healthcare system efficiency.

Personal Mandate

Specific requirements or duties imposed on individuals, often referring to health insurance obligations.

Medicaid

A government-funded program in the United States that provides health care services to eligible low-income individuals and families.

Medicare

A federal program providing health insurance to persons 65 years of age and older, as well as to younger people with certain disabilities.