A survey conducted by the Northwestern University Lindquist-Endicott Report aske

Question

A survey conducted by the Northwestern University Lindquist-Endicott Report asked 320 companies about the procedures they use in hiring. companies review the applicant's college transcript as part of the hir ng proces, and only 44% co s ar faculty reference. Att that lie population of companies in the United States and that 35% of all compan decimal places.) percentages are true for the es use both the applicant's college transcript and faculty references. (Round your answers to 2 a. What is the probability that a randomly selected company uses either facuity references or college transcript as part of the hiring process? either facuity b. What is the probebility that a randomly selected company uses neither faculty references nor college trenscript as part of the hiring process? c. What is the probability that a randomly selected company uses either faculty references or college transcript but not both as pert of the hiring process? d. What is the probability that a randamly selected company does not use faculity references as part of the hiring process or does use college transcript as part of the hiring process?

Explanation / Answer

a)p=P(faculty)+P(college)-P(both)=0.44+0.54-0.35=0.63

b)p=P(neither)=1-0.63=0.37

c)p=P(faculty)+P(college)-2*P(both)=0.44+0.54-2*0.35=0.28

d)p=1-0.44=0.56

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