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A Work Sampling Method Is Used to Determine the Proportion

question 84

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A work sampling method is used to determine the proportion of the time a worker is idle.The following information was gathered on a random basis. A work sampling method is used to determine the proportion of the time a worker is idle.The following information was gathered on a random basis.   What is the proportion of idle time observed for this worker? A) less than or equal to 5% B) greater than 5% but less than or equal to 10% C) greater than 10% but less than or equal to 20% D) greater than 20% What is the proportion of idle time observed for this worker?


Definitions:

Economic Function

The role or purpose that an entity or phenomenon serves within the broader economy, such as production, distribution, or consumption.

Profits and Losses

Financial outcomes of a business's operations where profits represent the excess of revenues over expenses and losses reflect the opposite.

Distribution of Income

The way in which the total income earned in an economy is divided among its citizens or factors of production.

Resource Reallocation

The process of redistributing resources from less productive to more productive uses to increase overall efficiency or to meet strategic objectives.

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