In a Management Trainee Program,80% of the Trainees Are Female,while

question 66

Multiple Choice

In a management trainee program,80% of the trainees are female,while 20% are male. Ninety percent of the females attended college; 78% of the males attended college. A management trainee is selected at random. What is the probability that the person selected is a male who did NOT attend college?

• A)0.044
• B)0.440
• C)0.256
• D)0.801

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Definitions:

Operating Profit

The profit earned from a firm's normal core business operations, excluding deductions of interest and tax.

Total Revenue

The overall amount of money generated from sales of goods or services before any expenses are subtracted.

Economic Profit

The difference between total revenue and total costs, including both explicit and implicit costs, indicating the overall financial gain of a business.

Own Capital

Refers to the funds or resources that a business owner personally invests in their enterprise, as opposed to borrowed capital.