THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING

question 13

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING:
A company hires management trainees for entry level sales positions.Past experience indicates that only 10% will still be employed at the end of nine months.Assume the company recently hired six trainees.
-What is the probability that at least two of the trainees will still be employed at the end of nine months?

• A)0.9841
• B)0.0984
• C)0.1143
• D)0.0159

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Definitions:

Picketing

The act of protesting, typically by labor or trade union members, outside a place of employment or business to express grievances or demands.

Collective Bargaining

The negotiation process between employers and a group of employees aimed at reaching agreements on wages, working conditions, benefits, and other aspects of workers' compensation and rights.

Formalize Agreement

The action of making an agreement official or legally binding through the proper channels and documentation.

Union Proposals

Suggestions or demands put forward by a labor union during negotiations with employers about terms of employment, wages, and workplace conditions.