SCENARIO 4-10 Are Whites More Likely to Claim Bias? It Was Found

question 25

Short Answer

SCENARIO 4-10
Are whites more likely to claim bias? It was found that 60% of the workers were white,30% were black and 10% are other races.Given that a worker was white,the probability that the worker had claimed bias was 30%.Given that a worker was black,the probability that the worker had claimed bias was 40%.Given that a worker was other race,the probability that the worker had claimed bias was 0%.
-Referring to Scenario 4-10,what is the probability that a randomly selected worker had not claimed bias?

Understand the challenges in detecting lies and the accuracy rates of polygraph tests.

Understand how to create effective and clear graphics without adding unnecessary elements that may confuse the reader.

Recognize the appropriate graphic type to represent specific types of data or information.

Appreciate the significance of cultural sensitivity when creating and using graphics in order to communicate effectively with multicultural audiences.

---

Definitions:

Transitory Component

Temporary fluctuations in financial or economic data that do not reflect long-term trends and are expected to revert over time.

Permanent Earnings Component

The part of a company's net income expected to continue in the future, excluding any extraordinary or one-time events.

Valuation-Relevant

Describes information or data that can significantly impact the valuation of a company's assets, liabilities, or equity.

Transitory Components

Temporal elements in financial reports or economic indicators that are expected to exist only for a short period and do not reflect the long-term performance or value.