Question
A contains X green Balls, '7 Red Balls, and 5 Yellow
Balls. The probability to pick Green Ball at random is 3/5. Another Bag B contains ‘6 green Balls, ‘x – 3’ Yellow Balls and x - 4' Red Balls. If two balls are picked one after the other from Bag B at random then what is the probability for the Balls to be Red?Solution
x/(7+x+5) = 3/5 X = 18 Now, In Bag B: Red balls = 18 – 4 = 14 Yellow balls = 18 – 3 = 15 Green ball = 6 Required Probability = 14/35 × 15/35 = 6/35
As per Herbert’s Decision-making theory, the stage in which the final decision is made is referred to as ______
As per bounded rationality, the decision making is limited by certain factors like cognitive limitations. Cognitive limitations refer to _____
How can the SWOT analysis be useful in eliminating other solutions?
Which bias in management involves the tendency to prioritize information that confirms pre-existing beliefs?
Which of the following theory says that investors value gains and losses differently, placing more weight on perceived gains versus perceived losses?
What is the role of data and information in the selection of the best solution?
Which of the following type of decision making would involve the use of lists to note down the pros and cons?
Non-Programmed decisions address the _________ problems.
When a manager takes inputs from his team members before taking a decision, he is referred to as ______
Non programmed decisions are most likely to be made by:
