2) You think that your chance of getting a well-paid job in an investment bank is about 25 per cent. If you get the job
Posted: Tue Jan 18, 2022 12:57 pm
2)
You think that your chance of getting a well-paid job in an
investment bank is about 25 per cent. If you get the job you will
have a starting salary of $80,000 per year. However, if you don't
make the cut then you will work at a fast food outlet for $40,000
per year. What is your expected starting salary? (to the nearest
dollar)
a.
$80000
b.
$70000
c.
$50000
d.
$40000
You think that your chance of getting a well-paid job in an
investment bank is about 25 per cent. If you get the job you will
have a starting salary of $80,000 per year. However, if you don't
make the cut then you will work at a fast food outlet for $40,000
per year. What is your expected starting salary? (to the nearest
dollar)
a.
$80000
b.
$70000
c.
$50000
d.
$40000