Suppose two dice, one blue and one red, are rolled and the outcomes of each are recorded. We
define the following two events:
A: sum of the roll is 7
B.
the result of the blue die is a number greater than 4
Are the two events, A and B, independent events?
A) Yes B) No
A
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Lambert invests $20,000 for a 1/3 interest in a partnership in which the other partners have capital totaling $34,000 before admitting Lambert. After distribution of the bonus, what is Lambert's capital?
a. $18,000 b. $20,000 c. $6,667 d. $11,333
Which of the following has resulted from the increased educational levels of the U.S. population?
A) lower acceptance of technological changes B) greater job growth for professional workers C) higher number of manufacturing jobs D) lower mobility of the U.S. population E) lower number of women in the workforce
It is important to study labor relations across countries for all of the following reasons except:
A. to gain understanding of the problems associated with ensuring efficiency, equity, and voice B. Ideas for reforming the U.S. labor relations system can be identified from other countries' experiences C. Increasing internationalization means managers will need to understand multiple systems D. labor relations systems from around the world are converging to a common set of practices and policies
___________________ is one of the benefits of economic integration. It is defined as the substitution of imports from a beneficiary country within the bloc for domestic production from some other country within the bloc.
(a) Trade expansion (b) Trade diversion (c) Trade creation (d) Trade inclusion (e) Trade symmetry