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

question 5

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 female who attended college?

• A)P (female)P (did not attend college | female)
• B)P (did attend college)P (female | did not attend college)
• C)P (female)P (did attend college | female)
• D)P (did attend college)

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Definitions:

Purchase Returns And Allowances

Transactions where a buyer returns goods to the seller or receives a reduction in the purchase price for unsatisfactory goods.

Purchase Discounts

Reductions in price granted by suppliers to buyers for prompt payment or purchase volume.

Net Purchases

The total amount of goods purchased for resale, minus returns and allowances, plus freight and other acquisition costs.

Net Sales

Net sales is the total revenue from goods and services sold by a business, minus returns, allowances, and discounts, indicating the actual sales revenue.