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question 71

Multiple Choice

Provide an appropriate response.
-The prizes that can be won in a sweepstakes are listed below together with the chances of winning each one: $4200 (1 chance in 8000) ; $1600 (1 chance in 6900) ; $500 (1 chance in 3300) ; $300 (1 chance in 2000) . Find the
Expected value of the amount won for one entry if the cost of entering is 53 cents.


Definitions:

High LMX Relationship

A situation in leadership-management exchanges where there is a high level of trust, respect, and obligation between a leader and a follower.

Perceived Unfavourable Personality

The negative judgment or impression of an individual's character based on interpretations of their behaviour.

Compatibility

The ability of two or more systems, devices, or components to work together without conflict or error.

In-Group Members

Individuals who belong to a specific group or category perceived as being similar, leading to a stronger sense of identity and loyalty within the group.

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