A small manufacturing firm has 250 employees. Fifty have been employed for less than 5 years and 125 have been with the company for over 10 years. Suppose that one employee is selected at random from a list of the employees. For the following events, compute the probabilities requested below. A = the event the selected employee has been with the firm less than 5 years B = the event the selected employee has been with the firm 5 ≤ x ≤ 10 years. C = the event the selected employee has been with the firm over 10 years.
a) P(A)
b) P(C)
c) P(A or B) d) P(A and C)
Correct Answer:
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