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As a Reward for a Record Year, the Ace Software

question 52

Multiple Choice

As a reward for a record year, the Ace Software Company is randomly selecting 5 people from its 70 employees for a free trip to Hawaii, but it will not pay for a traveling companion. If John and Jill are married and both are employees, what is the probability that they will both win? Round your answer to five decimal places. ​


Definitions:

CFO

Chief Financial Officer; a senior executive responsible for managing the financial actions of a company.

Operating Costs

Expenses associated with the day-to-day operations of a business, including costs of goods sold (COGS) and operating expenses (OPEX).

Controlling

The process of monitoring business performance by comparing actual results with expected outcomes to make necessary adjustments.

Choosing Goals

The process of identifying objectives or desired outcomes that guide decision-making and strategic planning in personal or organizational contexts.

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