Abel Alonzo, Director of Human Resources, Is Exploring Employee Absenteeism

question 75

Multiple Choice

Abel Alonzo, Director of Human Resources, is exploring employee absenteeism at the Plano Power Plant.Ten percent of all plant employees work in the finishing department; 20% of all plant employees are absent excessively; and 7% of all plant employees work in the finishing department and are absent excessively.A plant employee is selected randomly; F is the event "works in the finishing department;" and A is the event "is absent excessively." P(F|A) = _____________.

• A)0.35
• B)0.70
• C)0.13
• D)0.37
• E)0.10

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Definitions:

Equilibrium Price

The selling price where the amount of products supplied equals the amount of products demanded.

Equilibrium Quantity

The amount of goods or services supplied is exactly equal to the amount of goods or services demanded at a given price.

Quantity Demanded

The overall volume of a good or service that consumers intend and can afford to buy within a specific period at a particular price.

Complementary Good

A product or service that is typically used together with another product, such that an increase in demand for one leads to an increase in demand for the other.