Certification Test a Standard Certification Test Was Given at Three

question 17

Essay

Certification Test A standard certification test was given at three locations. 1,000 candidates took the test at location A , 600 candidates at location B , and 400 candidates at location C . The percentages of candidates from locations A , B , and C who passed the test were 70%, 68%, and 77%, respectively. One candidate is selected at random from among those who took the test. {Certification Test Narrative} What is the probability that the selected candidate passed the test?

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Definitions:

Total Outstanding Stock

The total shares of a company's stock that are currently owned by all its shareholders, including shares held by institutional investors and restricted shares.

Corporate Form

A legal structure for businesses recognized by law as a separate legal entity with rights, privileges, and liabilities distinct from those of its owners.

Limited Liability

A legal principle that protects a company's shareholders from being personally responsible for the company's debts, limiting their losses to the amount invested.

U.S. Economy

The economic system of the United States, characterized by a mixed economy that supports free market activities with some governmental intervention.