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What is the probability that a random person who tests positive for a certain blood disease actually has the disease, if we know that 1% of the population has the disease, that 95% of those who have the disease test positive for it, and 2% of those who do not have the disease test positive for it.
Legitimate Power
The authority that a leader or an organization holds, which is recognized and accepted by others as rightful and appropriate.
Formal Authority
A type of power derived from the position or rank one holds within an organization, entitling them to enforce rules and make decisions.
Reward Power
The ability of an individual to influence others' behavior by controlling access to desired resources or outcomes.
360-Degree Feedback
A performance appraisal method in which an employee receives confidential, anonymous feedback from the people who work around them.
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