The next two questions use the same problem statement. An i…
The next two questions use the same problem statement. An industrial psychologist has developed a test to identify people with a potential to be good managers. His statistics indicate that 30 percent of the employees in the company positive leadership traits. Past data indicates that 45 percent of those with positive traits are promoted into management, while 10 percent of those without the traits are promoted into management. a) What is the probability that an employee picked at random from the company will be promoted to management? Round to the nearest thousandth.