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Quantitative Analysis for Management - Probability

Last year, at Northern Manufacturing Company, 200 people had colds during the year. One hundred fifty-five people who did no exercising had colds, and the remainder of the people with colds were involved in a weekly exercise program. Half of the 1000 employees were involved in some type of exercise.

a. What is the probability that an employee will have a cold next year?

b. Given that an employee is involved in an exercise program, what is the probability that he or she will get a cold next year?

c. What is the probability that an employee who is not involved in an exercise program will get a cold next year?

Solution Preview

a. What is the probability that an employee will have a cold next year?

There are 1000 employees and 200 had colds during the year. So, the probability that an employee will have a cold next year is

p=200/1000=0.20

b. Given that an employee is involved in an exercise program, what is the probability that he ...

Solution Summary

Brief calculations are given to find the probabilities of employees of a Northern Manufacturing Company coming down with the flu.

$2.19