2. The personnel department of a particular company has observed that 20% of the people the company hires are dismissed within a year because they are unable to perform adequately. To reduce the amount of turnover, the company decides to administer a test to all applicants. Data collected over several years suggest that 85% of new hires who remain with the company pass the test, and 95% of new hires who are dismissed fail the test. (a) Obtain the fraction of new hires who pass the test will be dismissed within a year. (b) Obtain the fraction of new hires who fail the test will be dismissed within a year. (c) You are interviewing a candidate who has failed the test, but you decide to hire the candidate anyway. Calculate the probability that this person will be with the company 1 year from now.
2. The personnel department of a particular company has observed that 20% of the people the company hires are dismissed within a year because they are unable to perform adequately. To reduce the amount of turnover, the company decides to administer a test to all applicants. Data collected over several years suggest that 85% of new hires who remain with the company pass the test, and 95% of new hires who are dismissed fail the test. (a) Obtain the fraction of new hires who pass the test will be dismissed within a year. (b) Obtain the fraction of new hires who fail the test will be dismissed within a year. (c) You are interviewing a candidate who has failed the test, but you decide to hire the candidate anyway. Calculate the probability that this person will be with the company 1 year from now.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 2CYU
Related questions
Question
![2.
The personnel department of a particular company has observed that 20% of
the people the company hires are dismissed within a year because they are
unable to perform adequately. To reduce the amount of turnover, the
company decides to administer a test to all applicants. Data collected over
several years suggest that 85% of new hires who remain with the company
pass the test, and 95% of new hires who are dismissed fail the test.
(a)
Obtain the fraction of new hires who pass the test will be dismissed
within a year.
(b)
Obtain the fraction of new hires who fail the test will be dismissed
within a year.
(c)
You are interviewing a candidate who has failed the test, but you
decide to hire the candidate anyway. Calculate the probability that this
person will be with the company 1 year from now.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc3e486bf-9ae4-4aad-ba06-41e926c97c75%2Fad876df0-1f9c-4a7b-9edd-df26b2f695c0%2Fnxrl9x5_processed.jpeg&w=3840&q=75)
Transcribed Image Text:2.
The personnel department of a particular company has observed that 20% of
the people the company hires are dismissed within a year because they are
unable to perform adequately. To reduce the amount of turnover, the
company decides to administer a test to all applicants. Data collected over
several years suggest that 85% of new hires who remain with the company
pass the test, and 95% of new hires who are dismissed fail the test.
(a)
Obtain the fraction of new hires who pass the test will be dismissed
within a year.
(b)
Obtain the fraction of new hires who fail the test will be dismissed
within a year.
(c)
You are interviewing a candidate who has failed the test, but you
decide to hire the candidate anyway. Calculate the probability that this
person will be with the company 1 year from now.
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