If in a certain company the president governs poorly, theprobability of remaining in
that position for the next five years is 4%. If thepresident’s governing is adjudged to
be average, the probability of remaining in that position forthe next five years is 16%.
If the same president is deemed to govern satisfactorily theprobability of remaining
in that position for the next five years is 27%. If thepresident’s governing is adjudged
to be well, the probability of remaining in that position forthe next five years is 55% whereas if president governsexcellently, the probability of remaining in that position
for the next five years is 83%.
A poll revealed that 9% of the staff members of the companyrated the president as governing poorly, 16% of the staff membersrated the president as governing only average, 35% of the saidstaff members rated the president as being satisfactory,
33% rated the president as governing well and only 7% rated thepresident’s
governing as being excellent.
next five years, what is theprobability that the president governedsatisfactorily? [3]
If in a certain company the president governs poorly, the probability of remaining in that position for the next five ye
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