Purchase Solution

Probability low to charge that instead of using random selection

Not what you're looking for?

Ask Custom Question

A certain company reduced its management staff from 20 managers to 16. The company claimed that four managers were randomly selected for job termination. However, the four managers chosen are the four oldest managers among the 20 that were employed. Answer the questions below.

a. Find the probability that when four managers are randomly selected from a group of 20, the four oldest are selected ______________(type as an integer or a simplified fraction.

b. Is that probability low enough to charge that instead of using random selection, the company actually fired the oldest employees?

(A). Yes, the probability is low enough, therefore, it is possible that the oldest employees were randomly selected.
(B. )No, because it would not be unusual to fire the oldest managers, given that they were randomly selected for termination.
(C.) No, the probability is not low. Each manager had an equal chance of being fired.
(D.) Yes, because it would be unusual to fire the oldest managers, if they were really randomly selected for termination.

Purchase this Solution

Solution Summary

The probability low enough to charge that instead of using random selection is determined.

Solution Preview

a) There are a total of 20 managers, Thus there are a total of (20 C 4) = 4845 ways ...

Purchase this Solution


Free BrainMass Quizzes
Cost Concepts: Analyzing Costs in Managerial Accounting

This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.

Situational Leadership

This quiz will help you better understand Situational Leadership and its theories.

Six Sigma for Process Improvement

A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.

Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.