20% of a company’s employees are engineers and 20% are economists. 75% of the engineers and 50% of the economists hold a managerial position, while only 20% of non-engineers and non-economists have a similar position. What is the probability that an employee selected at random will be both an engineer and a manager?
Solution:
Notations:
En - person is engineer.
Ec - person in economist.
M - person is manager.
Given,
Now, required probability =
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