THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 3

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The joint probabilities shown in a table with two rows,A₁ and A₂,and two columns,B₁ and B₂ are as follows: P(A₁ ∩ B₁) = 0.10,P(A₁ ∩ B₂) = 0.30,P(A₂ ∩ B₁) = 0.05,P(A₂ ∩ B₂) = 0.55
-What is P(A₁|B₁) ,rounded to two decimals?

• A)0.33
• B)0.35
• C)0.65
• D)0.67

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Definitions:

One-Employer Focus

A workforce strategy or mindset where employees dedicate their career development and loyalty primarily to a single employer.

Firm-Specific Learning

Acquiring knowledge and skills that are particularly valuable and relevant to a specific company or organization.

Functional Development

The process concerned with the growth and enhancement of the functions and capabilities of an individual, organization, or system.

Competing Firms

Businesses that are in the same industry and market vying for the same customers and resources.