Out of a Pool of 40 Men and 10 Women

question 52

Multiple Choice

Out of a pool of 40 men and 10 women, all of whom are equally qualified for one position as an instructor in chemistry, the person hired was a male. The probability that this would happen if the department ignored gender as a variable in selection is

• A) .40
• B) .80
• C) .50
• D) .63

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Definitions:

Gross Investment

The total amount invested in the production capacity of an economy, including investments in both fixed assets and stocks.

Percentage Change

measures the degree of change over time, represented as a fraction of the original value, commonly used to describe variations in economics, finance, and statistics.

Gross Investment

The total amount invested in the economy, including spending on new physical assets and replacement of depreciated assets.

Percentage Change

Percentage Change is a mathematical calculation that shows how much a quantity has increased or decreased as a percentage of its previous amount.