Question

Job Search You are spamming resumes to apply jobs. Each resume you send out has 1%...

Job Search

You are spamming resumes to apply jobs. Each resume you send out has 1% chance of getting a job offer. You have sent 100 resumes. What's your chance to get at least one job offer?

2. How many resumes in total do you have to spam so that you will have 90% chance to get at least one job offer?

Homework Answers

Answer #1

P[ getting a job offer ] = p = 1% = 0.01

P[ getting no job offer ] = 1 - 0.01 = 0.99

Number of resume sent = 100

P[ At least one job offer ] = 1 - P[ zero job offer ]

P[ zero job offer ] = P[ getting no job offer ]^100

P[ zero job offer ] = 0.99^100

P[ zero job offer ] = 0.366

P[ At least one job offer ] = 1 - 0.366

P[ At least one job offer ] = 0.634

2. How many resumes in total do you have to spam so that you will have 90% chance to get at least one job offer?

P[ At least one job offer ] > 90% = 0.9

P[ At least one job offer ] = 1 - P[ zero job offer ]

1 - P[ zero job offer ] > 0.9

P[ zero job offer ] < 1 - 0.9

P[ zero job offer ] < 0.1

Let the number of resumes sent be n

P[ zero job offer ] = P[ getting no job offer ]^n

P[ zero job offer ] = 0.99^n < 0.1

or, n = 230

number of resumes sent is 230

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Purpose: To have you draft a professional resume. Outcome: Demonstrate job search readiness by preparing an...
Purpose: To have you draft a professional resume. Outcome: Demonstrate job search readiness by preparing an effective and accurate resume, cover letter and job application per instructor guidelines and standard law office procedure. You can redo drafts as many times as you need to have me look at and make changes on your documents. Better to get it right! Assignment: draft a professional resume for yourself. There are lots of dos and don'ts shown on the samples which come from...
2. Consider an unreliable communication channel that can successfully send a message with probability 1/2, or...
2. Consider an unreliable communication channel that can successfully send a message with probability 1/2, or otherwise, the message is lost with probability 1/2. How many times do we need to transmit the message over this unreliable channel so that with probability 63/64 the message is received at least once? Explain your answer. Hint: treat this as a Bernoulli process with a probability of success 1/2. The question is equivalent to: how many times do you have to try until...
Suppose that you are taking a multiple choice test (consisting of only 4-answer-choice questions) for which...
Suppose that you are taking a multiple choice test (consisting of only 4-answer-choice questions) for which you have mastered 60% of the material. When you actually take the test, if you know the answer of a question, then you will answer it correctly for sure; if you do not know the answer, however, you can still guess the answer (meaning that you will have 25% chance of getting the correct answer). Finally, assume that your answer to each question is...
Your first job out of college will pay you $84,000 in year 1 (exactly one year...
Your first job out of college will pay you $84,000 in year 1 (exactly one year from today). You estimate that your salary will grow at 6% per year for 45 years (compounded annually), when you'll stop working. If the applicable discount rate is 12%, what is the present value of these future earnings today? Round to the nearest cent. You own a 10-acre vineyard and earn income by selling your grapes to wineries. Your vineyard is currently planted to...
Case study: Working in harmony The job of manager in a business organisation has frequently been...
Case study: Working in harmony The job of manager in a business organisation has frequently been compared to that of a symphony orchestra conductor. Both are concerned with getting each member in the organisation to play his or her part, and to blend each contribution into a team that works together productively and harmoniously. In order to produce the highest quality of music for its listeners, the San Francisco Symphony Orchestra (with more than 100 musicians) gives considerable attention to...
Chapter 9 is about decision making. please read the comment and response and In 3-4 paragraphs....
Chapter 9 is about decision making. please read the comment and response and In 3-4 paragraphs. Please discuss your input/opinion. The focus of our discussion will be this article that I read in last week's New York Times. This is an open ended discussion with no framing question. I have gained tremendous insight reading the comments on this blog. One in particular really struck me recently. It came in response to a post that I had written quite a while...
Assume you just landed a great analytical job with MegaTelCo, one of the largest telecommunication firms...
Assume you just landed a great analytical job with MegaTelCo, one of the largest telecommunication firms in the United States. Since the cell phone market is now saturated, the huge growth in the wireless market has tapered off. Communications companies are now engaged in battles to attract each other’s customers while retaining their own. Customers switching from one company to another is called churn, and it is expensive all around: one company must spend on incentives to attract a customer...
Post a response (2-4 sentences each). You can start a discussion by pointing out additional reasons...
Post a response (2-4 sentences each). You can start a discussion by pointing out additional reasons why you think this source is or is not credible. You can also suggest ways in which the site could be improved (is there information or are there sources they could have added? Are there different messages that would be more appropriate?). Write at least 1 response-post for each of the THREE “Part 1” posts you read (you will need at least 3 responses...
**[70 pts]** You will be writing a (rather primitive) online store simulator. It will have these...
**[70 pts]** You will be writing a (rather primitive) online store simulator. It will have these classes: Product, Customer, and Store. All data members of each class should be marked as **private** (a leading underscore in the name). Since they're private, if you need to access them from outside the class, you should do so via get or set methods. Any get or set methods should be named per the usual convention ("get_" or "set_" followed by the name of...
Homework Problem 1: Andreas Drauschke and Angie Clark work comparable jobs for comparable pay at department...
Homework Problem 1: Andreas Drauschke and Angie Clark work comparable jobs for comparable pay at department stores in Berlin and suburban Washington, DC. But there is no comparison when it comes to the hours they put in. Mr. Drauschke’s job calls for a 37-hour week with 6 weeks’ annual vacation. His store closes for the weekend at 2 p.m. on Saturday afternoon and stays open one evening each week-a new service in Germany that Mr. Drauschke detests. “I can’t understand...