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Unformatted text preview: The standard deviation of the combined section 37 . 11 219 ) 73 . 77 ( 220 1357536 2 = − = 2. Let A and B be the event that A- Employee favors a buyout B- Employee will retire within the next 15 years (a) P( A ) = 0.382 (b) P( B ) = 0.379 (c) P( A|B ) = 0.55 Since P( A | B ) ≠ P( A ), the two events A and B are dependent. In other words, an employee’s attitude towards the buyout is dependent on his or her retirement plan...
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This note was uploaded on 02/14/2012 for the course ISOM isom111111 taught by Professor Hong during the Spring '11 term at HKUST.
- Spring '11