TABLE 4-9 A Survey Conducted by the Segal Company of New York

question 5

Short Answer

TABLE 4-9
A survey conducted by the Segal Company of New York found that in a sample of 189 large companies, 40 offered stock options to their board members as part of their non-cash compensation packages. For small- to mid-sized companies, 43 of the 180 surveyed indicated that they offer stock options as part of their noncash compensation packages to their board members.
-Referring to Table 4-9, if a company is selected at random, what is the probability that the company is small to mid-sized and did not offer stock options to their board members?

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Definitions:

Vocal Sounds

Human or animal sounds produced through the mouth and vocal cords, serving as a primary means of communication.

Linguistic Determinism

The concept that language determines or significantly influences thought patterns and perceptions of the world.

Language Acquisition

The process by which humans gain the ability to perceive and comprehend language, as well as to produce and use words and sentences to communicate.

Insight Theory

A psychological theory suggesting that problem-solving can sometimes happen suddenly through understanding the relationships between various parts of a problem rather than through trial and error.