The Basic Purpose of the Occupational Safety and Health Act

question 19

Multiple Choice

The basic purpose of the Occupational Safety and Health Act is to .

• A)assure every person safe and healthful working conditions and to preserve human resources
• B)to ensure state agencies provide a healthy and safe working environment for all public employees
• C)to prevent the occurrence of occupational illnesses among public employees
• D)administer the act and to set and enforce the safety and health standards that apply to almost all workers in the U.S.
• E)provide safe and healthful working conditions to self-employed persons

---

Definitions:

Standard Deviation

A statistic that measures the dispersion or variability of a dataset relative to its mean, often used in finance to gauge investment risk.

Risky Asset

An investment that holds a significant chance of losing some or all of its value, offering the potential for higher returns to compensate for higher risk.

Risk-Averse

A characteristic of investors who prefer lower risk investments, opting for certainty and stability in their investment choices.

Variance

A measure of the dispersion of a set of data points around their mean value, representing the average of the squared differences from the mean.