Employees of a Local University Have Been Classified According to Gender

question 106

Multiple Choice

Employees of a local university have been classified according to gender and job type. If an employee is selected at random what is the probability that the employee is female or works as a member of the faculty?

• A)0.73
• B)0.08
• C)0.33
• D)0.70
• E)0.05

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Definitions:

Transfer Price

The price at which goods, services, or intellectual properties are traded between different divisions within the same company.

Transfer Price

The price at which divisions of a company transact with each other, such as the trade of supplies or labor between departments.

Market Price

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

Marginal Cost

The additional expense involved in making or acquiring one more unit of a product or service.