A large company that must hire a new president prepares a final list of five candidates, all of whom are equally qualified. Two of these candidates are members of a minority group. To avoid bias in the selection of the candidate, the company decides to select the presidentby lottery. the probability one of the minority candidates is hired we just need to divide the number of favorable outcomes 2 by the number of possibilities 5 and then we will have 0.4 but my questions isWhich concept of probability did you use to make this estimate?
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