If the Probability of Event a Is

question 133

Multiple Choice

If the probability of event A is .40 and the probability of event B is .35,what is the probability that event A or B will occur,if A and B are independent?

• A).14
• B).61
• C).75
• D)cannot be determined

Understand the framework for identifying competitive advantages through the value chain.

Comprehend the basis for different customer responses to the marketing mix.

Differentiate between various types of market segmentation.

Understand the role and process of segmentation, targeting, and positioning (STP) in marketing.

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Definitions:

Productive Workers

Employees who are efficient in their work, contributing significantly to the output and success of the business.

Education Theory

Concepts, principles, and methodologies that explain how learners acquire knowledge and skills within various educational environments.

Educational Attainment

A measure of the highest level of education completed by an individual or population, often used as an indicator of socioeconomic status.

High-Ability Workers

Refers to employees who possess significant skills, intelligence, or talents that contribute to higher productivity and performance in the workplace.