A= Accident caused by blue cab B= witnesses told the cab was blue.It is easy and straightforward to have probability of P(A)= 15% and P(B/A) is 85%. Following the law of total probability.<span><span><span>P(D)</span><span>=P(D|H)P(H)+P(D|<span>¯H</span>)P(<span>¯H</span>)</span></span><span> <span>=0.8⋅0.15+0.2⋅0.85=0.29</span></span></span>Therefore I get <span>P(H|D)=41%</span>. Thus, even if the witness said that the cab involved in the accident was Blue, the probability of this being true is only <span>41%</span>.
Answer:
recognize a liability and an expense in its financial statements.
Explanation:
Contingent liability refers to a liability that arises in some unpredictable future event. In this, the amount is expected or predicted.
Here in the question the actual occurrence would be categorized also its amount would be predicted so the same is to be recorded as a liability and recorded as an expense in the financial statement i.e. balance sheet & income statement
Answer:
Organizational effectiveness
Explanation:
Organizational effectiveness is the process by which an organization is effective at achieving its required goals and objectives. The principles by which an organization can achieve its objective are:
1) Leadership: the manager must define key objective an execute them daily in other to achieve high productivity.
2) Communication: the manager must ensure that his or her message is understood consistently in other to achieve outstanding results.
3) Accountability: the manager must ensure that his or her employees are well disciplined and has the ability to learn new things.
4) Measurement: the manager must be able to measure the work progress to know if the organization is running at a profit or loss.
Answer:
D. job satisfaction
Explanation:
Job satisfaction measures how contented a staff is with his job. It measures how the employee feels about his job.
Mitch likes his job, his co workers and his salary. Mitch is likely to have a high job satisfaction
I hope my answer helps you
