I a Coin Is Tossed Four Times

question 56

Multiple Choice

i. A coin is tossed four times. The probability is ¼ or 0.25 that all four tosses will result in a head face up.
ii. A coin is tossed four times. The probability is 1/8 or 0.125 that all four tosses will result in a head face up.
iii. If two events are mutually exclusive, then P(A or B) = P(A) P(B) .

• A) (i), (ii) and (iii) are all correct statements
• B) (i) and, (ii) are correct statements but not (iii).
• C) (i) and, (iii) are correct statements but not (ii).
• D) (ii) and, (iii) are correct statements but not (i).
• E) All statements are false

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Definitions:

Ethical Climate

describes the shared perceptions of what is ethically correct behavior and how ethical issues should be addressed within an organization or community.

Organization's Ethical Practices

Refers to the policies, standards, and behaviors that guide moral decisions and actions within a business entity.

Dynamic Environment

A constantly changing and evolving setting in which an organization operates, often characterized by unpredictable and rapid changes.

Financial Performance

The measure of an organization's profitability, revenue, expenses, and overall financial health.