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(i. A new computer game has been developed and its market potential is to be tested by 80 veteran game players. If sixty players liked the game, the probability that veteran game players will like the new computer game is 3/4 or 0.75. (ii) A probability that is based on someone's opinion, guess or hunch is joint.
(iii) The probability that a one-spot or a two-spot or a six-spot will appear face up on the throw of one die is 1/2 or 0.5.
Simulations
The use of models or virtual environments to imitate real-life processes, scenarios, or systems for training, analysis, or prediction.
Leadership Development
The process of enhancing an individual's skills and abilities to lead, guide, or influence others effectively in various situations or roles.
Systems Perspective
An approach to analysis that considers the interconnectedness and interactions between the components of a system.
Strategic Decisions
Choices made by an organization's management that have long-term implications and are crucial for achieving overarching goals.
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