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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?


Definitions:

Dual-Earner Household

A family unit where both adult partners are employed and contribute to the household's income.

Burnout

Syndrome of physical and emotional exhaustion, cynicism, and a lowered sense of self-efficacy that is attributable to work-related stress.

Decision Control

The ability or authority to make choices and define policies or procedures in personal or organizational contexts.

Hostile Environmental Harassment

A form of harassment that creates an intimidating, hostile, or offensive work environment, often based on race, sex, or ethnicity.

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