Q1). You draw a card at random from a standard deck of 52 cards. Neither you nor anyone else looked at the card you picked. You keep it face down. Your friend then picks a card at random from a remaining 51 cards. a) What is the probability that your card is ace of spades? 1/52 b) What is the probability that your friend’s card is ace of spades? (Hint: Construct the sample space for what your friend’s card can be.) 1/51 c) You turn over your card and it is 10 of diamonds. Now what is the probability that your friend’s card is the ace of spades? 1/51 Q2). Suppose that 25% of the population in your area is exposed to a television commercial of Ford Automotive, and 34% is exposed to Ford’s radio advertisements. Also it is known that 10% of the population is exposed to both means of advertising. If a person is randomly chosen out of the entire population in this area, what is the probability that he or she was exposed to at least one of the two modes of advertising? ANS: P(A) = 0.25 P(B) = 0.34 P(A^B) = 0.10. Probability that he/she was exposed to at least one mode of advertising = 0.25 + 0.34 + 0.1 = 69% Q3). A Firm has 550 employees, 380 of them have had at least some college education, and 412 of the employees underwent a vocational training program. Furthermore, 357 employees are both college educated and have had vocational training. If an employee is chosen at random, what is the probability that he or she is college educated or has had the vocational training or both? Q4). A bank loan officer knows that 12% of the bank’s mortgage holders lose their jobs and default on the loan in the course of 5 years. She also knows that 20% of the bank’s mortgage holders lose their jobs during this period. Given that one of her mortgage holders just lost his job, what is the probability that he will now default on the loan? Q5). A Recent survey conducted by Towers Perrin and published in the Financial Times showed that among 460 organizations in 13 European Countries, 93% have bonus plans, 55% have cafeteria-style benefits, and 70% employ home-based workers. If the types of benefits are independent, what is the probability that an organization selected at random will have at least one of the three types of benefits? P(A) = 0.93, P(B) = 0.55, P(C) = 0.70. P(Not A) = 1 – 0.93, P(Not B) = 1-0.55, P(Not C)= 1-0.70 P(Not A B C) = 0.07 * 0.45 * 0.30 = 0.01155 P(atleast 1 event occurring) = 1-0.01155 = 0.988.
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12/11/2019 0 Comments The True Face of Jordan Essay Example | Topics and Well Written Essays - 1500 wordsThe True Face of Jordan - Essay Example
When these factions have become dissatisfied with their economic situation, their expanded access to political participation has been designed to steer them away from a demand for regime change. Further complicating the regime's balancing act has been Jordan's relationship with the U.S., which has benefited the country from a global economic standpoint but has been domestically swept under the proverbial rug. The potential for close cooperation with the U.S. such as in the areas of trade and military cooperation to upset the populace within Jordan and cause political upheaval is substantial. Ultimately, the true face of Jordan has been that of a politically precarious regime that has been teetering on the brink of popular unrest due to economic and political policies of the government that have been necessary to ensure its survival. Jordan's emergence onto the ... The process, known as "managed liberalization," was geared toward creating "an environment amenable to economic reform" (Cunningham, para 21). These steps included a revival of Parliament and restoration of national elections. "Jordan's political liberalization process has included a variety of elements including: the holding of regular and generally free parliamentary elections in 1989, 1993, and 1997; the institutionalization of the National Charter in 1991 which was authored by a broad-based coalition of societal and official actors; and the elimination of martial law by the early 1990s and the legalization of political parties" (par. 22). Other measures included more freedom of the press, increased freedom of expression, and greater freedom for Jordanians to engage in political activities" (Greenwood, par. 21). The tumultuous atmosphere of popular dissent in the country, brought on by the poor economy and the end of government subsidies on certain staples such as bread and fuel, required the government to ease the unrest by making such a serious attempt at political reform (Brand 5). Thus, the decision to pursue a more liberal system in Jordan was driven by a shrewd political calculation that popular discontent with the state of affairs in the country would be channeled away from the regime by taking such steps. The evolution of this liberalization process, marked by periodic tightening and loosening of the monarchy's grip, would continue to be governed more by these calculations focused on how best to preserve the king's hold on power rather than on any real dedication to the merits of political reform and democracy. "The Jordanian government's |