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Your Company Provides Services to Three Different Industries: Automotive, Construction

question 30

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Your company provides services to three different industries: automotive, construction, and financial services. These services can be either on a yearly or on a monthly contract. The cross-tabulation table below summarizes this information: Your company provides services to three different industries: automotive, construction, and financial services. These services can be either on a yearly or on a monthly contract. The cross-tabulation table below summarizes this information:   Suppose you know that a given client is a construction company and you are interested in the likelihood that this client is on a yearly contract. This is an example of ___. A)  joint probability B)  marginal probability C)  conditional probability D)  a priori probability E)  a posteriori probability Suppose you know that a given client is a construction company and you are interested in the likelihood that this client is on a yearly contract. This is an example of ___.


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