The Table Below Gives the Probability of Workers in a Factory

question 1

Multiple Choice

The table below gives the probability of workers in a factory being late (in days per week) . Calculate the expected value from this data.

• A) 0.53
• B) 0.58
• C) 0.63
• D) 0.68

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Definitions:

In-Kind Transfers

Non-monetary transfers of goods or services provided directly to individuals by governments or organizations as part of welfare programs.

Earned Income Tax Credit

The Earned Income Tax Credit is a refundable tax credit in certain jurisdictions intended to benefit working individuals and families, especially those with lower incomes.

Food Stamps

A government-issued voucher program designed to help low-income individuals and families afford food.

Technological Change

The overall process of invention, innovation, and diffusion of technology or processes that often leads to significant improvements in productivity or efficiency.