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You Have an Important Test Tomorrow Morning and Want to Be

question 128

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You have an important test tomorrow morning and want to be sure to wake up at 6:00 AM to study.Without an alarm to wake you up, you know you have no chance.You have an alarm clock that works 80% of the time.To be on the safe side, you decide to set your alarm clock plus your two roommates' alarm clocks-each of which is also 80% reliable.With the three clocks set, how likely is it that you will be awakened at the time you want? (Assume statistical independence.)


Definitions:

Decision Acceptance

Involves the extent to which individuals or groups agree with and commit to a particular decision.

Decision Procedures

Established methods or steps followed in order to make thoughtful and effective decisions.

Delegation

The act of assigning tasks or responsibilities from a manager to a subordinate.

Top Executives

Individuals who occupy the highest management positions in an organization, responsible for making strategic decisions and overseeing the entire operation.

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