Each Salesperson in a Large Department Store Chain Is Rated

question 129

Multiple Choice

Each salesperson in a large department store chain is rated with respect to sales potential for advancement. These traits for the 500 salespeople were cross-classified into the following table: What is the probability that the selected salesperson has below average sales ability and has a fair potential for advancement?

• A) 16/500
• B) 16/154
• C) 300/500
• D) 188/500
• E) 204/500

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Definitions:

High-Tech Industries

Sectors that involve the development, production, and use of cutting-edge technology and electronic devices.

National Wealth

The total value of all economic assets owned by a country's residents, institutions, and government, minus foreign liabilities.

Richest Households

Familial units that possess a significantly high level of wealth compared to the broader population.

Wealth

The abundance of valuable resources or material possessions, or the control of such assets, which gives an individual or group economic power.