A Group of Employees of Unique Services Will Be Surveyed

question 119

Multiple Choice

A group of employees of Unique Services will be surveyed about a new pension plan. In-depth interviews with each employee selected in the sample will be conducted. The employees are classified as follows. What is the probability that the first person selected is either in management or in supervision?

• A)0.00
• B)0.06
• C)0.15
• D)0.21

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Definitions:

Probability

The calculation of the probability of an event's occurrence, denoted by numbers between 0 and 1.

Tornado Chart

A type of bar chart where variables are displayed horizontally, typically showing the impact of variables in a sensitivity analysis.

Crystal Ball

In a figurative sense, a tool or method used to predict future events or outcomes, often associated with uncertainty.

Sensitivity Information

Data that reveals how changes in input variables affect the outcome of a model or system, often used in the context of risk analysis.