Exhibit 12

question 12

Multiple Choice

Exhibit 12.6 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. Refer to Exhibit 12.6.Assuming that race and seniority are independent,what is the expected frequency of Asian directors?

• A)0
• B)1.95
• C)3.91
• D)5.42

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Definitions:

Rational Decision

A decision-making process that is based on logical thinking, examining all available information, and weighing the outcomes systematically.

Automobile Models

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Public Choice Theory

An economic theory that studies how public decisions are made, emphasizing the roles of incentives, behavior, and institutions.