Provide an Appropriate Response

question 65

Multiple Choice

Provide an appropriate response.
-At the local racetrack, the favorite in a race has odds 3:2 of winning. What is the probability that the favorite wins the race?

• A)0.6
• B)0.4
• C)0.2
• D)1.5

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Definitions:

Normative Considerations

Evaluations or judgments based on standards or norms of behavior that dictate what should be considered acceptable or desirable.

Principles And Values

Fundamental beliefs that guide or motivate attitudes or actions in personal and professional life.

Ethical Decision Making

Assessing and making choices among various options in a way that adheres to ethical standards.

Values Characteristics

The inherent qualities or traits that are considered desirable or important, forming the basis of personal or societal judgment.