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April 18, 2014

Homework Help: Statistics

Posted by Miranda on Wednesday, May 19, 2010 at 9:48pm.

The probability that a university graduate will be offered no jobs within a month of graduation is estimated to be 5%. The probability of receiving one, two, and three job offers has similarly been estimated to be 37%, 27%, and 31%.

Determine the following probabilities:

A. P (A graduate is offered fewer than two jobs)=?

B. P (A graduate is offered more than one job)= ?

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