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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 104

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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A survey of recent e-commerce start-up firms was undertaken at an industry convention.Representatives of the firm were asked for the geographic location of the firm as well as the firm's outlook for growth in the coming year.The results are provided below. THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: A survey of recent e-commerce start-up firms was undertaken at an industry convention.Representatives of the firm were asked for the geographic location of the firm as well as the firm's outlook for growth in the coming year.The results are provided below.   -What is the probability that one of these start-up firms was from the Northeast? A) 0.04 B) 0.12 C) 0.49 D) 0.33
-What is the probability that one of these start-up firms was from the Northeast?


Definitions:

Reciprocity

A social norm of responding to a positive action with another positive action, rewarding kind actions as opposed to indifferent or hostile actions.

Basic Personality Measures

Assessments or tests designed to evaluate fundamental aspects of an individual’s character or disposition.

Endorse Tolerance

Promoting acceptance and open-mindedness towards opinions, practices, or traits that are different from one's own.

Higher Levels of Empathy

Describes individuals who possess an above-average capacity to understand and share the feelings of others.

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