Connect with a community that values knowledge and expertise on IDNLearn.com. Discover comprehensive answers to your questions from our community of experienced professionals.
A marketing firm is considering making up to three new hires. Given its specific needs, the management feels that there is a 55% chance of hiring at least two candidates. There is only a 6% chance that it will not make any hires and a 20% chance that it will make all three hires.a. What is the probability that the firm will make at least one hire? (Round your answer to 2 decimal places.)b. Find the expected value and the standard deviation of the number of hires. (Round your final answers to 2 decimal places.
Sagot :
We appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. For clear and precise answers, choose IDNLearn.com. Thanks for stopping by, and come back soon for more valuable insights.
