Use the Following to Answer the Questions Below

question 2

Multiple Choice

Use the following to answer the questions below.
In choosing between three new jobs, Joe MBA considers the potential payoffs over the next three years. The following table contains the payoffs, given the speed of promotion in each of the organizations. The probability of fast promotion is 0.6, and the probability of slow promotion is 0.4.

-Use the information in Table A.3 and the Laplace decision rule. The weighted payoff is:

• A) less than $200,000 if the high-flying consultant job is selected.
• B) more than $280,000 if the research assistant job is selected.
• C) more than $280,000 if the utility analyst job is selected.
• D) highest for the research assistant position.

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Definitions:

Exoskeletons

External skeletons that support and protect an organism's body, found in arthropods like insects, crabs, and lobsters.

Marsupial Colonization

The process by which marsupials, a group of mammals typically characterized by premature birth and continued development in the mother's pouch, spread and establish populations in new areas.

Vicariant Events

Geological occurrences that physically separate organisms, leading to speciation by dividing ancestral populations into two or more reproductively isolated groups.

Plate Tectonics

The scientific theory describing the large-scale motion of seven large plates and the movements of a larger number of smaller plates of the Earth's lithosphere.