The Odds for Encountering Rain on a 500-Mile Car Trip

question 39

Multiple Choice

The odds for encountering rain on a 500-mile car trip are 3 to 1.What is the probability of rain on this trip?

• A)0.25
• B)0.33
• C)0.50
• D)0.75

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Definitions:

Management Manipulation

Tactics employed by management to subtly or overtly influence the decisions or behavior of employees, often to the detriment of the latter.

Piece Rates

A compensation system where workers are paid based on the amount of work produced or tasks completed, rather than receiving a fixed hourly wage.

Taylorism

A management theory developed by Frederick W. Taylor, focusing on efficiency and productivity through scientific analysis of labor processes.

Consumer Needs

The basic or identified wants and requirements that individuals seek to fulfill with products or services.