Peter Applied to an Accounting Firm and a Consulting Firm

question 110

Multiple Choice

Peter applied to an accounting firm and a consulting firm. He knows that 30% of similarly qualified applicants receive job offers from the accounting firm, while only 20% of similarly qualified applicants receive job offers from the consulting firm. Assume that receiving an offer from one firm is independent of receiving an offer from the other. What is the probability that both firms offer Peter a job?

• A) 0.05
• B) 0.06
• C) 0.44
• D) 0.50

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Definitions:

Interpersonal Effectiveness

Refers to the ability to interact with others in a way that is both respectful and assertive, achieving desired outcomes.

80/20 Rule

Also known as the Pareto Principle, it is the idea that roughly 80% of effects come from 20% of causes.

Fear of Failure

An apprehension or anxiety about not succeeding or meeting expectations, which can inhibit actions and decisions.

Emotional Intelligence

The ability to recognize, understand, and manage one's own emotions and the emotions of others.