The Occupational Safety and Health Administration (OSHA) Has Determined That

question 310

Multiple Choice

The Occupational Safety and Health Administration (OSHA) has determined that 100 workers are exposed to a hazardous chemical used in the production of diet soft drinks. The cost of imposing a regulation that would ban the chemical is $10 million. OSHA has calculated that each person saved by this regulation has a value equal to $10 million. If the benefits are exactly equal to the costs, what probability is OSHA using to assess the likelihood of a fatality from exposure to this chemical?

• A)0.001
• B)0.01
• C)0.1
• D)1.0

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Definitions:

Working Memory

A cognitive system with a limited capacity that is responsible for temporarily holding information available for processing.

Rehearsal

A cognitive process in which information is repeated over and over as a possible way of learning and remembering it.

Metacognition

Awareness and understanding of one's own thought processes, often referred to as "thinking about thinking."

Cognitive Abilities

Cognitive abilities are the mental skills that involve processing information, problem-solving, decision making, memory, and learning.