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What Are the Four Steps Managers Can Take to Encourage

question 9

Essay

What are the four steps managers can take to encourage more ethical decision making in their organizations?


Definitions:

Probability Distribution

A mathematical function that calculates the probability of different possible results occurring in an experiment.

Random Variable

A variable whose possible values are numerical outcomes of a random phenomenon.

Poisson Distribution

A discrete frequency distribution which gives the probability of a number of independent events occurring in a fixed time.

Mean

The arithmetic average of a set of numbers, found by dividing the sum of all numbers by the count of numbers.

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