The Variable Employment Status, Which Can Take Either the Value

question 67

Multiple Choice

The variable Employment Status, which can take either the value 1 for Employed or 0 for Unemployed, is an example of a ________ random variable.

• A) Poisson
• B) discrete
• C) hypergeometric
• D) continuous

---

Definitions:

Future Orientation

Future orientation is the degree to which individuals think about and plan for the future, influencing decision-making, goal setting, and behaviors in pursuit of long-term achievements.

GLOBE Project

An extensive and ongoing cross-cultural research program analyzing the impact of culture on leadership effectiveness and organizational practices across the world.

Long-Term Planning

The process of setting major goals and objectives and outlining the strategies to achieve them over an extended period, usually several years into the future.

Acquisition Strategy

The plan or approach a company uses to acquire other companies or assets to achieve growth, diversify, or gain competitive advantages.