When an Event Cannot Occur, Its Probability Value Is

question 3

Multiple Choice

When an event cannot occur, its probability value is

• A) .99
• B) 1.00
• C) 0
• D) 100%

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Definitions:

Functional Manager

A manager responsible for a specific business function or department within an organization, such as HR or finance.

Team Manager

An individual responsible for overseeing the operational, administrative, and interpersonal aspects of a team.

Divisional Structures

A type of organizational structure where operations are grouped based on divisions, which can be defined by geographical area, product lines, or market.

Matrix Structure

An organizational structure that combines two or more types of structures, typically functional and product-based, to leverage the advantages of both.