A survey of 500 top Canadian companies reported what the companies' hiring outlook was for the next 18 months as well as the general company outlook for the economy over the same period of time. Given that a randomly selected company plans to add jobs during the next 18 months, what is the probability that they have a favourable outlook for the economy?
A) 325/500
B) 165/500
C) 175/500
D) 235/500
E) None of the choices are correct

Question

A survey of 500 top Canadian companies reported what the companies' hiring outlook was for the next 18 months as well as the general company outlook for the economy over the same period of time.  Given that a randomly selected company plans to add jobs during the next 18 months, what is the probability that they have a favourable outlook for the economy?
A) 325/500 
B) 165/500 
C) 175/500 
D) 235/500 
E) None of the choices are correct

Quizplus · Accepted Answer

The Answer of A survey of 500 top Canadian companies reported what the companies' hiring outlook was for the next 18 months as well as the general company outlook for the economy over the same period of time.  Given that a randomly selected company plans to add jobs during the next 18 months, what is the probability that they have a favourable outlook for the economy?
A) 325/500 
B) 165/500 
C) 175/500 
D) 235/500 
E) None of the choices are correct

A Survey of 500 Top Canadian Companies Reported What the Companies