It Was Believed That the Probability of Being Hit by Lightning

question 27

Multiple Choice

It was believed that the probability of being hit by lightning is the same during the course of a thunderstorm. Which of the following distributions would you use to figure out the probability of being hit by a lightning during the first half of a thunderstorm?

• A) exponential distribution
• B) uniform distribution
• C) Poisson distribution
• D) hypergeometric distribution

Comprehend the purpose and process of budgeting within organizations.

Understand the concept and importance of contingency planning.

Identify the concepts and techniques involved in setting performance standards.

Recognize the principles of the control process, including the steps involved and their significance.

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Definitions:

Assessment Centre

A process by which individuals are evaluated as they participate in a series of situations that resemble what they might need to handle the job.

Recruitment Method

Strategies or processes used by organizations to attract and select candidates for employment.

Skills Inventory

A comprehensive list or database of an individual's or organization's abilities, competencies, and qualifications.

Dual Career Tracking

A human resources strategy that facilitates the progression of employees' careers in ways that accommodate both individuals in dual-career partnerships, such as spouses or partners.