case study 1.docx - 1. During an economic downturn Lanier...

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1.During an economic downturn, Lanier Company is forced to lay off employees. The table below breaks down the layoffs: Being Laid OffNot Being Laid OffTotal Managers50235285 Non-Managers125575700 Total175810985 a.What is the probability that an employee of Lanier is being laid off given that she/he is a non-manager? The probability of non-managers being laid off is .17. I took the laid off number of non- manager employees and divided it against the total number of non-manager employees. b.What is the probability that an employee selected at random is a manager? The probability of the employee, that is a manager being selected is .28. I divided the total number of manager employees and divided it against the total number of employees over all at the company. 2.The following data set represents the average day temperature in Orange County, CA for December. Find the probability that a randomly selected day will have an average temperature of at least 60℉. DEGREES (in Fahrenheit) 43626546556549576044526445536148596347 56
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