If a human resources manager can estimate the probability that a certain percentage of employees will take advantage of a proposed benefit plan, the manager is operating under a condition of
A)certainty.
B)estimation.
C)risk.
D)uncertainty.
E)rationalization.

Question

Quizplus · Accepted Answer

Estimating probabilities of future events, like employee participation in a benefit plan, involves operating under conditions of risk, where outcomes are uncertain but probabilities can be assigned.

If a Human Resources Manager Can Estimate the Probability That