Business, 10.11.2019 03:31 glamourgirlno1foev

Suppose 70% of all companies are classifed as small companies and the rest as large companies. suppose further, 82% of large companies provide training to employees, but only 18% of smll companies provide training. a company is randomly selected without knowing if it is a large or small company; however, it is determined that the company provideds training to employees. what are the prior probabilities that the company is large or a small company? round the answer to the 1 decimal place. a)p(large)= ? p(small)= ? b) what are the revised probabiities that the company is large or small? round your answer to 3 decimal placces. p(large) =? p(small) =? c) based on your analysis, what is the overall oercentage of companies that offer training? round your answer to 1 decimal place. percentage= ?

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Suppose 70% of all companies are classifed as small companies and the rest as large companies. suppo...

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