TABLE 4-10 Are Whites More Likely to Claim Bias? It Was Found

question 148

Short Answer

TABLE 4-10
Are whites more likely to claim bias? It was found that 60% of the workers were white, 30% were black and 10% are other races. Given that a worker was white, the probability that the worker had claimed bias was 30%. Given that a worker was black, the probability that the worker had claimed bias was 40%. Given that a worker was other race, the probability that the worker had claimed bias was 0%.
-Referring to Table 4-10, what is the probability that a randomly selected worker is not black and had not claimed bias?

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Definitions:

Inventory

The complete list of items such as property, goods in stock, or the contents of a building.

Absorption Costing

An accounting method that includes all of the costs associated with manufacturing a product in the product's cost.

Closing Inventory

The value of the goods remaining unsold at the end of an accounting period, which becomes the opening inventory for the next period.

Finished Goods

Goods that have gone through the entire manufacturing cycle and are prepared for customer acquisition.