The Following Table Shows the Distribution of Employees in an Organization

question 112

Multiple Choice

The following table shows the distribution of employees in an organization. Martha Foreman, an analyst, wants to see if race has a bearing on the position a person holds with this company. Assuming that race and seniority are independent, which of the following is the expected frequency of Asian directors?

• A) 0
• B) 1.95
• C) 3.91
• D) 5.42

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Definitions:

Unrealized Holding

Unrealized holding refers to profits or losses on investments or assets that have increased or decreased in value but have not yet been sold or realized.

Bond Liability

Bond liability is the amount owed by a bond issuer to bondholders, including both the principal amount borrowed and any accrued interest, until the bond matures.

Futures Contract

A standardized legal agreement to buy or sell a specific commodity or financial instrument at a predetermined price at a specified time in the future.

Market Value

The current price at which an asset or service can be bought or sold.