The Two-Way Table Summarizes Data from the Human Resource Department

question 47

Multiple Choice

The two-way table summarizes data from the human resource department at a university: New Hires $\begin{array}{l|cc|l} & { Tenure}&{ Adjunct } & \text { Total } \\\hline \text { Men } & 15 & 20 & 35 \\\text { Women } & 15 & 20 & 35 \\\hline \text { Total } & 30 & 40 & 70\end{array}$ What is the probability (rounded to two decimal places) that a randomly selected new hire is a tenure-track woman?

• A)0
• B)0.21
• C)0.43
• D)0.15
• E)0.50

---

Definitions:

Joint Venture

A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task.

Sole Proprietorship

A business owned and operated by one individual, where there is no legal distinction between the owner and the business entity.

Competitor

A person or organization that is in the same industry or field and is in competition for the same market share.

Robinson-Patman Act

A 1936 U.S. law aimed at preventing anticompetitive practices by producers, specifically price discrimination.