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Compute the probability that the gambler is ruined (loses all money). Provide three digits after the decimal point. Show your work in answering on your scratch paper.

The marginal pdf of X is in the following form: [constant1]  [constant2] for the range of [lowerbound] [upperbound] and , otherwise. Fill in the blanks with appropriate numbers.

Derive the conditional distribution of Y given X = 1 and compute its value at Y = 3. That is, compute . Show the formula you derived for  on your scratch paper.

Identify all aperiodic states. 

[Q11 – Q14] Suppose the number of eggs you find each morning from your chicken coop is a discrete-time Markov chain with state space S={0,1,2,3} and the following transition probability matrix: .  

“An electronic means for a company’s employees to access its HR services and information” is associated with which acronym?  

A person who is responsible for leading an organizational change or someone who is influential and can communicate and motivate others to accept a change by informal means is called a:    

Job descriptions are important for all HR activities.  

Job analysis cannot be completed through online survey techniques.    

A preliminary estimate of the CBA of an HRIS investment should ______.