Use the Following to Answer the Questions Below

question 3

Multiple Choice

Use the following to answer the questions below.
In choosing between three new jobs,Joe MBA considers the potential payoffs over the next three years.The following table contains the payoffs,given the speed of promotion in each of the organizations.The probability of fast promotion is 0.6,and the probability of slow promotion is 0.4.
Table A.4
-Use the information in Table A.4 and the Laplace decision rule.The weighted payoff is:

• A)less than $200,000 if the high-flying consultant job is selected.
• B)more than $280,000 if the research assistant job is selected.
• C)more than $280,000 if the utility analyst job is selected.
• D)highest for the research assistant position.

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Definitions:

Endocrine Tissue

Specialized tissues in the body that release hormones directly into the bloodstream, functioning in the regulation of physiological activities.

Adrenal

Pertaining to the adrenal glands, which are small glands located above each kidney that produce a variety of hormones including adrenaline and cortisol.

Anterior Pituitary

The front part of the pituitary gland, producing and releasing hormones that control growth, reproduction, and other functions.

Pituitary Hormone

Hormones secreted by the pituitary gland, which regulate a wide range of bodily functions, including growth, metabolism, and reproduction.