In the Forecast Chart for the Cumulative Net Profit for Year

question 11

Multiple Choice

In the forecast chart for the cumulative net profit for year 2,you first anchor the right grabber at infinity,enter 70 in the Certainty box,and then hit the enter button.The above set of action determines the ________.

• A)cumulative profit in the second year that we are likely to realize with a probability of at least 0.30
• B)cumulative profit in the second year that we are likely to realize with a probability of at least 0.70
• C)probability that the product will show a cumulative net profit in the second year
• D)number of trials shown in the cumulative net profit forecast chart for year 2

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Definitions:

Authority Decision

A decision made by the leader and then communicated to the group.

Leader After Receiving Information

The decision-making and action phase that a leader enters once they have been provided with relevant data or insights.

Transformational Leadership

Leadership that is inspirational and arouses extraordinary effort and performance.

Personal Reference

The use of personal experiences, feelings, or opinions by an individual to explain or support a point during communication.