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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?
Capital Market
A financial market in which long-term debt or equity-backed securities are bought and sold, different from the short-term funds seen in the money market.
Equilibrium Quantity
The quantity of goods or services that is supplied and demanded at the equilibrium price.
Output Price
The cost at which goods or services are offered for sale in the marketplace.
Graduate School
An advanced academic institution providing postgraduate education in various disciplines, leading to degrees like Master's or Doctorate.
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