Question

Quantitative Methods 19-32 If there is no variability in the data set, the geometric mean will be equal to the: A. Arithmetic and harmonic mean. B. Harmonic mean but will be lower than the arithmetic mean. C. Arithmetic mean but will be higher than the harmonic mean. 19. 20. A recruitment agency is short-listing candidates for a position. The candidates being evaluated are from numerous educational backgrounds. The probability that the selected candidate is an MBA is 0.65, and the probability that the chosen candidate is the most appropriate for the role is 0.30. The agency has worked out that the probability a chosen candidate is appropriate, given a non-MBA education background, is 0.25 Using the total probability rule, what is the probability that the chosen candidate is the most appropriate for the HR role, given that he is an MBA? A. 0.327 B. 0.300 C. 0.750 21. The most probable definition of an exhaustive event is that: A. It covers all possible outcomes. B. It has a specified set of outcomes. C. There is a chance that a specified event will ocur.