Examlex
Angel is Hispanic and has applied for a job at Buckets Inc.Buckets Inc.has a workforce that is 45% Hispanic,35% black and 20% white.This closely approximates the available workforce available to Buckets.Angel is turned down for the job and is told that they have too many Hispanics,so he couldn't be hired.He is a victim of:
Expected Value
The long-term average or mean of random variables, representing the central tendency.
Perfect Information
A condition in decision theory and economics where all participants have full and identical knowledge about the actions others can take.
Power Company
A corporation that generates, transmits, and distributes electricity to consumers and businesses.
Expected Payoff
In decision theory and economics, the weighted average of all possible outcomes of a decision, where each outcome is weighted by its respective probability of occurrence.
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