The PostHoc Company Specializes in Justifying Decisions That Have Already

question 56

Essay

The PostHoc Company specializes in justifying decisions that have already been made.One day they fielded a request to perform a project risk analysis and compute the risk factor for buying an investment property on St.Charles Street in the Big Easy.There was no time (and no need to be perfectly honest)to gather any data regarding the situation;all they had to do was provide an equation and a number that showed the project wasn't too risky for the investor that had already made a decision to proceed.The investor wanted the overall project risk factor to come in at an even 0.5 and also wanted all of the scores for the seven factors that make up this score to have identical values.What is the probability of failure for complexity if these two criteria are met?

---

Definitions:

Great Recession

A period of major economic stagnation across the United States and western Europe, characterized by rising unemployment and inflation and a 37 percent decline in the stock market between March and December 1974.

Minorities

Groups in a society who are smaller in number and often face differential treatment or disparities in terms of opportunities and rights.

Great Recession

A severe global economic downturn that began in 2007 and lasted until approximately 2009, marked by high unemployment, financial crises, and a decline in consumer spending.

Internet

A global network of computers that allows users to access and share information across vast geographic distances instantaneously.