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raketka [301]
2 years ago
6

Eight equal-strength players, including Alice and Bob, are randomly split into 4 pairs, and each pair plays a game (i.e. 4 games

in total), resulting in four winners. What is the probability that exactly one of Alice and Bob will be among the four winners
Business
1 answer:
Minchanka [31]2 years ago
8 0

Answer:

probability that exactly one of Alice and Bob  will be among the winners is 0.5714

Explanation:

The question is to determine the probability that oneof Alice and Bob will be among the winners

It is also important to note that Alice and Bob cannot win at the same time

Therefore,

Probability of Alice and Bob split up = 6/7

Based on this probability, we make the case as follows

First case: Alice wins and Bob loses

Probability of Alice win = 1/2

Probability of Bob lose =                    1

Probability of Alice winning and Bob losing = 1/2 x 1/2 =1/4

Second Case: Bob wins and Alice loses

Probability of Bob win = 1/2

Probability of Alice lose =                    1

Probability of Bob winning and Alice losing = 1/2 x 1/2 =1/4

Third Case

The Probability that Alice and Bob play each other = 1/7

Based on all the estalished Cases

The required probability that exactly one of Alice and Bob  will be among the winners is

(6/7 x 1/4) + (6/7 x1/4) + 1/7

= (2 x 6/7 x 1/4) + 1/7

= 6/14 + 1/7

= 3/7 +1/7

= 4/7 = 0.5714                                                  

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Benny, a supervisor, needs to assess Amanda's, a subordinate's, performance. He considers Amanda to be reliable and meets all hi
prohojiy [21]

Answer:

B. Contrast Error

Explanation:

Contrast error occurs during the performance evaluation of an employee, whereby the evaluation or appraisal of the employee is affected by the fact that the previous employees or co-workers were relatively good or bad. It is a rating error in evaluation of an individual, in which the level of performance of that individual or group is affected by the level of performance of another individual or group. In this case, Amanda was rated average by Benny because of how excellent Christina is. Amanda was set to get a higher performance rating Benny did not compare her performance to that of Christina.

6 0
2 years ago
Global Communications has a 7 percent, semiannual coupon bond outstanding with a current market price of $1,023.46. The bond has
Alex787 [66]

Answer:

Years to Maturity = 12.53

Explanation:

Coupon Rate = 7.00%

Coupon Periods = 2

Perpetuity Value = 1,041.67

Price = 1,023.46

Discounted Perpetuity Value = 455.17

Yield to Maturity = 6.72%

Annuity Value = 586.49

Discounted Face Value = 436.97

Semiannual Coupon = 35.00

Price 1,023.46

Periods to Maturity = 25.05

Semiannual Yield = 3.36%

Years to Maturity = 12.53

3 0
2 years ago
Suppose that a car manufacturer discovers that it can lower its average costs if it diversifies its operation by also producing
frutty [35]

Answer: Economies of scale

Explanation:

Economies of scale occurs when there is a reduction in cost as a result of an increase in production. Economies of scale are the cost advantages which a business can exploit through the expansion of its scale of production. The aim of economies of scale is to lower the average costs of production.

When the car manufacturer diversifies his operation by producing pickup trucks and SUVs, there'll be a reduction in the average unit cost of output. This term refers to Economies of scale.

4 0
2 years ago
Read 2 more answers
Bateman Corporation sold an office building that it used in its business for $800,950. Bateman bought the building ten years ago
LekaFEV [45]

Answer:

The amount of Bateman's gain is $402,850, in character of profits from the sale of property and equipment

Explanation:

The gain of selling an asset is determined by the formula: Sale price minus Book value. The book value of the building is Cost minus accumulated depreciation. So, the book value is 599,525 - 201,425 = 398,100

Then, the amount of Bateman's gain is equal to 800,950 - 398,100 = 402,850.

5 0
2 years ago
To be competitive, ____________ recommended that American firms adopt a new management style that was a hybrid of the approaches
kakasveta [241]

Answer:

The correct answer is letter "C": William Ouchi, Theory Z.

Explanation:

American professor William Ouchi (born in 1943) proposed the "Theory Z", first described in his book "<em>Theory Z: How American Management Can Meet the Japanese Challenge</em>" which is an approach that explains how firms should develop a strong company philosophy and culture and consensus in decisions.  

Theory Z aims to employee development, as well, by concerning about their well-being, making them generalists instead of specialists, promoting individual responsibility, and monitoring them informally but with formal measures.

6 0
2 years ago
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