Five Identical Poker Chips Are Tossed in a Hat and Mixed

question 4

Multiple Choice

Five identical poker chips are tossed in a hat and mixed up. Two of the chips have been marked with an X to indicate that if drawn a valuable prize will be awarded. If you and three of your friends each draws a chip (with replacement) , what is the probability that at least one of your group of four will win the valuable prize? Round to the nearest thousandth.

• A)0.130
• B)0.870
• C)0.758
• D)None of these

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Definitions:

Expatriate Managers

Managers who are sent by their employers to work in a foreign country for a temporary period.

Repatriation

The process of employee transition home from an international assignment

Autocratic Style

A leadership approach characterized by individual control over all decisions and little input from group members.

Decision-Making Style

An individual's typical mode of assessing situations and determining courses of action among options.