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The Employees at Williamson Corp

question 33

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The employees at Williamson Corp.are finding it hard to manage their daily work in an efficient manner.They are consistently not able to meet their daily targets because they have too much of unorganized workload to handle.Frustrated, they seek help from their managers requesting them to create a system wherein they are allotted work according to their level of importance, so that the important work gets done before they take up the work that is categorized as comparatively lesser important.This system is put into practice, and the employees find it easier to handle work in a systematic and sequential manner.From the information given in this scenario, we can infer that Williamson Corp.has worked out its _____.


Definitions:

Discrete Random Variable

A variable that can take on a countable number of distinct values, often used to model scenarios where outcomes are distinct.

Discrete Random Variable

A variable that can take on a countable number of distinct and separate values, often used in probability and statistics.

Probability Distribution

A statistical function that describes all the possible values and likelihoods that a random variable can take within a given range.

Expected Value

The long-run average value of repetitions of the experiment it represents, computed as the weighted average of all possible values.

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