Find the Indicated Probability. Express Answers as Decimals

question 81

Multiple Choice

Find the indicated probability. Express answers as decimals.
-Among the contestants in a competition are 35 women and 25 men. If 5 winners are randomly selected, what is the probability that they are all men?

• A)0.16366
• B)0.18593
• C)0.06754
• D)0.00973

Evaluate the significance of economic profit versus accounting profit in business sustainability.

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Apply the concepts of variable costs, fixed costs, and sunk costs to real-life business scenarios.

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Definitions:

Job Redesign

The process of altering a job to make it more engaging and satisfying for the employee by changing tasks, duties, or responsibilities.

Job Rotation

A work practice where employees are moved between different jobs or tasks at regular intervals to increase versatility and reduce monotony.

Job Specification

A detailed description of the qualifications, skills, experience, and attributes required for a specific job position.

Job Analysis

The process of examining a job in detail to identify its duties, requirements, and components for organizational purposes.