Which of the Following Probabilities Would Most Likely Be Established

question 4

Multiple Choice

Which of the following probabilities would most likely be established by intuitive judgment?

• A)the odds that a circulating dollar is more than three years old
• B)the odds that a certain dog will live to be 15 years old
• C)the odds that lightning will strike my house this week
• D)the odds that cars will get 90 miles to the gallon by the year 2050
• E)the odds that a randomly chosen person voted in the last election

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Definitions:

Organizational Culture

The shared values, beliefs, and practices that characterize an organization and influence its members' behavior.

Embraces Diversity

The practice of acknowledging, valuing, and leveraging differences in the workforce to create an inclusive and innovative organizational culture.

Leadership

The ability to guide, inspire, and influence others to achieve a common goal, often involving vision, communication, and decision-making skills.

Business Strategy

A plan of action designed to achieve a long-term or overall aim within the competitive setting of a business.