Which of the following is not an approach to assigning probabilities?

a. The Classical approach
b. The Trial and error approach
c. The Relative frequency approach
d. The Subjective approach
e. All of the above are approaches to assigning probabilities.


B

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Provisions Company, a manufacturer of office supplies, provides the following financial information:


Calculate the return on investment for the Pen Division. (Round your answer to two decimal places.)
A) 13.22%
B) 9.23%
C) 13.33%
D) 13.11%

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Which of the following statements is true about incomes in the United States?

a. The average family incomes rose by one percent in 2012. b. The median household income in almost the same across different states. c. Most individuals in the United States prefer to wait for high-paying jobs to taking up lesser paying jobs. d. The median household incomes have peaked in the United States in the recent years.

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According to the case about the “phone monkey”, call center work

a. is simply a bad job—the work itself is alienating and lacking in intrinsic meaning b. is roughly the same as other jobs in intrinsic meaning c. could be a meaningful job if the employees believe in the mission and values of the organization d. is an example of a job that does not require “intellectual stimulation” from leaders

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Given the following initial pairwise comparison matrix, determine the consistency ratio

Factor A B C Item A 1 3 9 Item B 0.3333 1 8 Item C 0.1111 0.125 1

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