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Use Bayes' Theorem to Find the Indicated Probability

question 67

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Use Bayes' theorem to find the indicated probability.
-Pierre has three coins one of which is biased so that it turns up tails 60% of the time. If he randomly selects one of the coins, tosses it three times, and obtains three tails, what is the probability that this is the biased coin?

Understand the role of interest groups within the organizational environment.
Recognize the strategies used by organizations to cope with and adapt to their environments.
Explain the dynamics of complex and dynamic environments and their impact on organizational strategy.
Understand how legal regulations form part of the environmental components organizations face.

Definitions:

Tailgating

A breach of physical security that occurs when an unauthorized person enters a secure space behind an authorized person. Training and diligence by all employees are the only ways to stop tailgating.

Mantrap

A method of separating a nonsecure area from a secure area to prevent unauthorized access and tailgating.

Computer Cage

A secure and protective enclosure designed to house and safeguard computer hardware components, typically used in server and professional computing environments.

Shoulder Surfing

Someone behind you looking at what you type or what is on the screen to glean unauthorized information.

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