Suppose the Local Government Will Determine If a Contracting Firm

question 197

Multiple Choice

Suppose the local government will determine if a contracting firm will be given a job based on rolling a fair die. If a four or above appears after the die has been rolled, the contracting firm will be given the job. The managers of the contracting firm will use ________ probabilities to estimate the likelihood that their firm will be given the job.

• A)unknown
• B)relative
• C)objective
• D)subjective

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