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Ray Crofford is evaluating investment alternatives for the $100,000 which he inherited from his grandfather. His investment advisor has identified two alternatives and constructed the following tables which show (1) expected profits (in $10,000's) for various market conditions and their probabilities,and (2) the advisor's track record on predicting Bull and Bear markets. The probability that the advisor predicts a Bull market,P (F1) ,is ________.
Trait
A distinguishing characteristic, such as a habit, manner, or peculiarity. Trait theory in leadership focuses on qualities that mark a leader, such as intelligence, integrity, and energy.
Leader Behavior Description Questionnaire
A survey instrument used to measure the behaviors of leaders, based on the perceptions of their subordinates.
Autocratic
A leadership or management style characterized by individual control over all decisions and little input from group members.
Dimensions of Leadership
The various aspects or attributes that characterize effective leadership, including personal qualities, interpersonal skills, and strategic abilities.
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