Final answer:
The probability that a randomly selected firm will have more than 99 employees is 0.2 or 20%.
Step-by-step explanation:
To find the probability that a randomly selected firm will have more than 99 employees, we need to know the total number of firms and the number of firms with more than 99 employees. Let's assume there are 500 firms in total and 100 of those firms have more than 99 employees.
The probability is calculated by dividing the number of desired outcomes (firms with more than 99 employees) by the total number of possible outcomes (total number of firms). In this case, the probability would be 100/500 or 0.2 (or 20%).
So, the probability that a randomly selected firm will have more than 99 employees is 0.2 or 20%.
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