If the Odds Against an Event Are 3 to 1

question 48

Multiple Choice

If the odds against an event are 3 to 1, the probability of its occurrence is

• A) .17
• B) .05
• C) .01
• D) .25

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Definitions:

Extensive Training

A comprehensive and in-depth approach to employee development, often covering multiple skills or competencies.

Socialize Members

The process of teaching new group or organization members the norms, values, and behaviors that are expected of them.

Steps

A sequence of actions taken in order to achieve a particular end.

Ways

Refers to methods, approaches, or means by which something can be done or achieved.