A Sample Space Consists of 154 Separate Events That Are $\frac { 1 } { 154 }$

question 159

Multiple Choice

A sample space consists of 154 separate events that are equally likely. What is the probability of each?

• A) \(\frac { 1 } { 154 }\)
• B) 1
• C) 154
• D) 0

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Definitions:

Core Competencies

Core competencies are special strengths that give an organisation a competitive advantage.

Organisational Controls

Mechanisms put in place within an organization to guide, regulate, and monitor its activities towards achieving set objectives.

Organisational Culture

The system of shared beliefs and values that develops within an organisation and guides the behaviour of its members.

Innovation Process

The series of steps involved in developing new products, services, or methods, including ideation, development, and implementation.