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Each Salesperson in a Large Department Store Chain Is Rated

question 95

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Each salesperson in a large department store chain is rated with respect to sales potential for
Advancement. These traits for the 500 salespeople were cross classified into the following table. Each salesperson in a large department store chain is rated with respect to sales potential for Advancement. These traits for the 500 salespeople were cross classified into the following table.   What is the probability that a salesperson selected at random will have below average sales ability And fair potential for advancement? A)  0.032 B)  0.10 C)  0.16 D)  0.32
What is the probability that a salesperson selected at random will have below average sales ability
And fair potential for advancement?

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Definitions:

Issue Price

The price at which new or existing securities are offered for sale to the public.

Disaster Bonds

Financial instruments that are issued to provide insurance companies with liquidity in the event of a disaster, transferring the risk to investors.

Natural Disasters

Severe and unexpected natural events that can cause significant damage to life, property, and the environment.

Insurance Companies

Businesses that provide coverage, in the form of compensation resulting from loss, damage, injury, treatment, or hardship in exchange for premium payments.

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