Answer:
Understanding basic business math is necessary for profitable operations and accurate record keeping. Knowing how to add, subtract, multiply, divide, round and use percentages and fractions is the minimum you need to price your product and meet your budget.
Answer:
Step-by-step explanation:
1: 40%
2: 30%
3: 20%
If we know one of the succeeded, then
1: 44.44%
2: 33.33%
3: 22.22%
If under the circumstance that they all fail to meet a strong leader, the board picks one of them at random,
1: 43.33%
2: 33.33%
3: 23.33%
The first person has a 2 in 5 chance of randomly getting a strong leader. If the first person doesn't find a strong leader, the second person has a 2/4 chance of getting a strong leader. If neither the first nor second person gets a strong leader, the third sales person has a 2/3 chance of getting a strong leader.
1: 2/5=40% Chance
2: (3/5)*(2/4)=30% Chance You have to take the probability the first rep failed to get a strong leader, then multiply by the probability the second rep gets a strong leader.
3: (3/5)*(2/4)*(2/3)=20% You have to take the probability both the other people failed, then multiply by the probability they succeeded.
Answer:
the third one
Step-by-step explanation:
