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NEW QUESTION: 1
Suppose that the probability that Company AirCo gets a government contract to produce military jets is 0.65 and the probability that AirCo lays off 5,000 employees if they don't get the contract is 0.80. What is the probability that AirCo does not get the government contract and lays off 5,000 employees?
A. 0.520
B. 0.438
C. 0.280
Answer: C
Explanation:
Let A denote the event that AirCo does not get the government contract and B denote the event that 5,000 AirCo employees are laid off. The probability of A is P(A) = 1 - 0.65 = 0.35 and the probability of B given A is P(B|A) = 0.8. The probability of A and B is P(AB) = P(B|A) P(A) = 0.80 x 0.35 =
0 .28.

NEW QUESTION: 2
After an auto accident claim is submitted, a claims adjuster is assigned to the case. The claims adjuster reviews the policy of the claimant to verify coverage. The claims adjuster then begins an accident investigation. If the claim is denied, an appeals process is initiated. When the investigation is complete, a determination of fault is made, and then the accident claim is settled.
Select the case life cycle design that most closely follows the guidelines for identifying and naming stages.
A)

B)

C)

D)

A. Option A
B. Option B
C. Option D
D. Option C
Answer: A

NEW QUESTION: 3
You are assigned as the project manager on a new project, and you want to follow the best practices from the very beginning of the project. You understand the importance of having a formal kick-off meeting to launch the project with all your key stakeholders, including the customer, the project sponsor, selected project team members and selected stakeholders. However, there have been too many sidebar conversations and arguments.
As a project manager, what could have been done to avoid such a situation in the kick-off meeting?
A. Use your authority as project manager to prevent anyone from talking during the meeting.
B. Meetings should be prepared with a well-defined agenda
C. Ensure that all the key stakeholders are invited to avoid inviting disinterested people who would not listen to the speaker.
D. There's no need to do anything
Answer: B