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 has a favourable forecast, what is the probability that it plans to cut jobs during the next 18 months?

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 has a favourable forecast, what is the probability that it plans to cut jobs during the next 18 months?

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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 has a favourable forecast, what is the probability that it plans to cut jobs during the next 18 months?

A Survey of 500 Top Canadian Companies Reported What the Companies