40% of the Adult Residents of a Certain City Own

question 98

Essay

40% of the adult residents of a certain city own their own home. Four residents are selected at random from the city and asked whether or not they own their own home. Considering a success to be "owns their own home", formulate the process of observing whether each of the four residents owns their own home as a sequence of four Bernoulli trials. Complete the table below by showing each possible outcome together with its probability. Display the probabilities to three decimal places. List the outcomes in which exactly two of the four residents own their own home. Without using the binomial probability formula, find the probability that exactly two of the four residents own their own home. $$\begin{array} { r | r } \text { Outcome } & \text { Probability } \\ \hline \operatorname { ssss } ( 0.4 ) ( 0.4 ) ( 0.4 ) ( 0.4 ) = 0.026 \end{array}$$

Identify barriers to effective human resource planning and strategies to overcome them.

Discuss the role of human resources in providing organizations with a competitive edge.

Understand the concept of human capital and its components.

Explain how HR can act as a strategic business partner within an organization.

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Definitions:

Plate Boundaries

The edges where two tectonic plates meet, which can be sites of significant geological activity like earthquakes and volcanic eruptions.

Slab Pull

A tectonic process where a cold, dense oceanic plate is pulled beneath a lighter continental or oceanic plate at a subduction zone, driving plate tectonics.

Subducting Lithosphere

The portion of the lithosphere that is being forced down into the mantle at a subduction zone.

Ridge Push

A tectonic process associated with the movement of the Earth's lithosphere, where an elevated ridge pushes an adjacent plate away due to gravitational forces.