A Set of Events Is Exhaustive If _________

question 87

Multiple Choice

A set of events is exhaustive if _________.

• A) the sum of their probabilities equals one
• B) the set includes all of the possible events
• C) they are mutually exclusive
• D) they are independent

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Definitions:

Union Membership

The status of being a member of a labor union, which represents workers in negotiations with employers over wages, working conditions, and other employment matters.

Workforce Composition

The demographic makeup of the employees in an organization, including aspects such as age, ethnicity, gender, and skill level.

Grievance Systems

Formal procedures within an organization allowing employees to lodge complaints or disputes for resolution, ensuring fair treatment in the workplace.

Taft-Hartley Act

A 1947 federal law that restricted the activities and power of labor unions in the United States.