Given the Contingency Table Shown Here, Find P(B) $\quad$

question 45

Multiple Choice

Given the contingency table shown here, find P(B) . $\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\text { Age }$
$\begin{array} {| l | c | c | c| } \hline\text { Absences } & \text { Under } 25 ( A ) & 25 \text { or More } \left( A ^ { \prime } \right) & \text { Row Total } \\\hline \text { Under } 2 \text { days } ( B ) & 50 & 40 & 90 \\\hline 2 \text { or more days } \left( B ^ { \prime } \right) & 30 & 80 & 110 \\\hline \text { Column Total } & 80 & 120 & 200\\\hline\end{array}$

• A).85
• B).25
• C).45
• D).22

Understand the implications of research findings on the effectiveness and consequences of unionization and workplace governance strategies.

Understand the perspectives of different schools of thought on unions and their role in correcting market imperfections.

Recognize the importance of balancing power between labor and management for fair labor market outcomes.

Appreciate the role of independent employee representation, especially labor unions, in protecting workers' interests.

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Definitions:

Inventory

The total quantity of goods and materials that a business holds for the purpose of resale or production.

Construction Lien

A legal claim against a property by a contractor or subcontractor who has not been fully paid for work completed, securing payment for services rendered in improving the property.

Building Contract

A legal document outlining the terms, conditions, and specifications under which construction work is to be performed.

Lumber Supply Company

A business specializing in the distribution and sale of timber and wood products.