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Updated on: 10 Nov 2023, 08:51
Originally posted by Sajjad1994 on 25 Aug 2021, 21:15.
Last edited by BottomJee on 10 Nov 2023, 08:51, edited 3 times in total.
Last edited by BottomJee on 10 Nov 2023, 08:51, edited 3 times in total.
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Dropdown 1: 1 in 12
Dropdown 2: 27
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
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The Venn diagram above represents attendance at a Global Domination, Inc. meeting. All the executives in attendance were either C-level, involved in finance, or both. The numbers in the Venn diagram represent those executives who are exclusively C-level or exclusively involved in finance. Any executives who are both C-level and involved in finance are not represented in the Venn diagram.
Besides the executives, there were also a number of non-financial B-level managers in attendance, and total meeting attendance was 48 people. There were no other meeting attendees. Half of the executives involved in finance but not C-level were late to the conference due to a meeting of the finance division. They were the only late attendees.
Use the drop-down menus to fill in the blanks in each of the following statements based on the information given by the graph.
1. If there were 8 non-financial B-level managers in attendance, the probability that a randomly chosen person from the meeting is a C-level finance executive is .
2. Approximately percent of the attendees were late.
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Dropdown 1: 1 in 12
Dropdown 2: 27
06 Oct 2021, 15:37
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1. Answer = A. 1 in 12
Let exclusively C-level = C, exclusively Finance = F, exclusively B-managers = B, and both C-level and Finance = C&F
C + F + B + C&F = 48
10 + 26 + 8 + C&F = 48
C&F = 4
Probability = 4/48 = 1/12
2. Answer = C. 27
Half of Finance employees are late = 13 late employees
% value = 13/48 = 27%
Let exclusively C-level = C, exclusively Finance = F, exclusively B-managers = B, and both C-level and Finance = C&F
C + F + B + C&F = 48
10 + 26 + 8 + C&F = 48
C&F = 4
Probability = 4/48 = 1/12
2. Answer = C. 27
Half of Finance employees are late = 13 late employees
% value = 13/48 = 27%
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19 Oct 2021, 09:52
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C-Level = 10
Finance = 26
C-Level & Finance = x
B-Level & Non Finance = y
Total = 48
Late Attendees = 50% of 26 = 13
48 = 10 + 26 + x + y...........Eq-1
If there were 8 non-financial B-level managers in attendance, the probability that a randomly chosen person from the meeting is a C-level finance executive is_____________.
We need to find out x/48
Given, y=8
From Eq-1, x=4; so, x/48 = 1/12
So, Option A
Approximately____________percent of the attendees were late.
==> 13/48 ~ 27%
So, Option C
Finance = 26
C-Level & Finance = x
B-Level & Non Finance = y
Total = 48
Late Attendees = 50% of 26 = 13
48 = 10 + 26 + x + y...........Eq-1
If there were 8 non-financial B-level managers in attendance, the probability that a randomly chosen person from the meeting is a C-level finance executive is_____________.
We need to find out x/48
Given, y=8
From Eq-1, x=4; so, x/48 = 1/12
So, Option A
Approximately____________percent of the attendees were late.
==> 13/48 ~ 27%
So, Option C
