Certification Test ​ a Standard Certification Test Was Given at Three Locations.1,000

question 57

Short Answer

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:

Forecasted Net Income

An estimated calculation of a company's earnings after all expenses and taxes have been subtracted from revenue for a given future period.

Total Dividends

The sum of all dividend payments made to shareholders for a particular period, typically a fiscal year.

Retained Earnings

Earnings accumulated by a company thus far, minus any shareholder dividends or distributions already issued.

Share Price

The current price at which a single share of a company can be bought or sold in the market.