According to a Survey of 176 Retailers, 41% of Them

question 32

Multiple Choice

According to a survey of 176 retailers, 41% of them use electronic tags as protection against shoplifting and employee theft. If one of these retailers is selected at random, what is the probability that he or she uses electronic tags as anti-theft devices?

• A) The probability is 0.40
• B) The probability is 0.42
• C) The probability is 0.41
• D) The probability is 0.43

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Definitions:

Legislation

A body of laws and regulations enacted by a government or legislative authority to regulate, authorize, sanction, grant, declare, or restrict.

Environmental Factor

An external influence that affects an organization’s operations, including economic, legal, technological, and competitive elements.

Technology

The application of scientific knowledge for practical purposes, especially in industry and in our daily lives, through the use of tools, machines, systems, and processes.

Geographic Migration

The movement of people from one area to another, often for the purposes of employment, education, or living conditions.