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I have found a similar question (via a web search) asking about probabilities with the given data, but nothing about a venn diagram so I have rewritten the question to best represent the original truncated statement with a question word stuffed on the front which was done instead of thinking about the problem, summarising the original facts and creating a proper question from them (in 200 characters or less).

As they are equal candidates they are clearly applying for a job where the given qualifications are irrelevant, eg cleaners at a bus garage.

Summing the various attributes there are 3 qualified Accountants + 4 graduates + 2 neither = 9 candidates.

But there are 8 candidates so there is 1 candidate who is both a qualified accountant and a graduate.

The diagram will consist of a rectangle representing the "universe" of 8 candidates. Inside will be 2 overlapping circles, one for qualified accountants and the second for graduates. The numbers 2, 2, 1, 3 will be placed in the diagram: 2 inside the rectangle, outside both circles, 2 inside the qualified accountant only section of that circle, 1 inside the overlap of the two circles and 3 inside the graduate only section of that circle.

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How can you find out if someone is qualified to be an actuary?

To determine if someone is qualified to be an actuary, you can check if they have completed the necessary educational requirements, such as a degree in mathematics, statistics, or a related field. Additionally, you should verify if they have passed the required professional exams from recognized actuarial organizations, like the Society of Actuaries or the Casualty Actuarial Society. Relevant work experience in the field and professional designations, such as Associate or Fellow status, are also indicators of qualification.


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Is it always better to hire a more qualified and productive worker than a less qualified and productive one regardless of cost. True or false? Explain


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