When three possibilities are equally likely and have payoffs of $3, $6, and $9. Then the expected value will be $6.
<u>What is Expected Value? </u>
Expected value refers to when you play the game it will tell you the probability or winning chance and amount to win.
Hence, in the above questions, there are equally likely possibilities.
So, in this case, the probability for each possibility is 1/3.
We can calculate the expected value (EV) as:
EV=((1/3) x $3) + ((1/3) x $6) + ((1/3) x $9)
=1 + 2 + 3
=$6
Therefore, the expected value will be $6 when three possibilities are equally likely and have payoffs of $3, $6, and $9.
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Answer:
The answer is D, the grievance is brought before a court which decides the case.
Explanation:
A grievance procedure is a process adopted within an organisation for the purpose of resolving conflicts. Most of the time, it is meant to resolve conflict between individuals of lower cadre or hierarchy in an organisation and people in the top management position.
There are about six different procedure in the grievance process and taking a grievance to the court to decide on a case is not one of them. However, it is worthy to note that when all necessary grievance procedure have been utilized and there seem not to be a resolution in sight, a third part arbitrator in invited into the scene which mostly is between high management personnel.
The answer is, the Fifth Amendment privilege does not extend to the custodian of corporate records.
<h3>What defines a pharmaceutical company?</h3>
- A pharmaceutical company, often known as a drug company, is a for-profit organization with a license to conduct medication research, development, marketing, and/or distribution, usually in the context of healthcare.
<h3>What is the role of pharmaceutical companies?</h3>
- The pharmaceutical sector creates, produces, and markets pharmaceutical products. Its goal is not to define sickness.
- The majority of drugs created by pharmaceutical corporations are designed to treat conditions that have already been identified as such by the medical community.
<h3>What is an example of pharmaceutical?</h3>
- Pharmacies or prescribed medications are mentioned in the definition of pharmaceutical.
- Prozac is an example of a pharmaceutical drug. (medicine) Of, pertaining to, or involving a pharmacy or pharmacists
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