Answer to Question #49073 in Statistics and Probability for courtney

Question #49073
past experience shows that the probablilty that a sales person will exceed target sales is 74%, gven that they exceeded in the previous year. Suppose the probability of a salesperson exceeding target sales within a given year is 53%. What is the probability that the salesperson will exceed target sales two years in a row?
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Expert's answer
2014-11-26T07:38:40-0500
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