A company is advertising 20 jobs and has received 75 appli- cations. One of the criteria...

A company is advertising 20 jobs and has received 75 appli- cations. One of the criteria to rank applicants is the score of an aptitude test. The test assesses diﬀerent skills of the applicants such as analytical and verbal skills. The test is scored from 200 to 800. During the time interval 2016–2019, on applications for similar jobs, the mean test score was 556.04 while the stan- dard deviation was 120.45. Based on this information, ﬁnd the probability that an applicant will:

(a) score more than 672; [3]

(b) score less than or equal to 400; [2]

Round your answers to four decimal places.

Solutions

Expert Solution

thank you.

orchestra answered 1 year ago

Next > < Previous

Related Solutions

A repairman has 20 jobs that need to be completed today. Usually, 70% of all jobs...

A repairman has 20 jobs that need to be completed today. Usually, 70% of all jobs are fairly straightforward, so that the time it takes to complete them is well-described by normal distribution with average 10 minutes and standard deviation 1 minute. The rest are challenging jobs, so that completion time is well-modeled with exponential distribution with average 1 hour. i. If she starts at 8am, what is the expected time when she will finish all already assigned jobs? ii....

1) Nucor a manufacturing company has received orders for 80 metal lockers, 75 desks, 200 Shelves...

1) Nucor a manufacturing company has received orders for 80 metal lockers, 75 desks, 200 Shelves and 25 TV stands for the month of August. Nucor sells metal lockers for $90 each, shelves for $150 each, TV stands for $65 each and desks for $95 each. Nucor has the option of manufacturing these products in house or purchasing them from an outside supplier. The associated costs are given below Product Cost if Manufactured Cost if purchased Locker 75 80 Shelf...

1 Ready Company received a bill for advertising. The accountant would record a a.credit to cash....

1 Ready Company received a bill for advertising. The accountant would record a a.credit to cash. b.credit to accounts payable. c.credit to accounts receivable. d.credit to advertising expense. 2 Which of the following is not true? a.The capital account would be increased with a debit. b.A liability account would be increased with a credit. c.An asset account would be decreased with a credit. d.The drawing account would be increased with a debit. 3 Accounts Payable is reported on which financial...

Huang Automotive is presently operating at 75% of capacity. The company recently received an offer from...

Huang Automotive is presently operating at 75% of capacity. The company recently received an offer from a Korean truck manufacturer to purchase 27,500 units of a power steering system component for $190 per unit. Peter Wu, vice-president of sales, notes that although there will be an additional $2.50 shipping cost for each component, he thinks that accepting the order will get the company's "foot in the door" of an expanding international market. Huang's production and cost information for the last...

Huang Automotive is presently operating at 75% of capacity. The company recently received an offer from...

Huang Automotive is presently operating at 75% of capacity. The company recently received an offer from a Korean truck manufacturer to purchase 23,500 units of a power steering system component for $195 per unit. Peter Wu, vice-president of sales, notes that although there will be an additional $2.00 shipping cost for each component, he thinks that accepting the order will get the company's "foot in the door" of an expanding international market. Huang's production and cost information for the last...

Huang Automotive is presently operating at 75% of capacity. The company recently received an offer from...

Huang Automotive is presently operating at 75% of capacity. The company recently received an offer from a Korean truck manufacturer to purchase 28,500 units of a power steering system component for $190 per unit. Peter Wu, vice-president of sales, notes that although there will be an additional $2.50 shipping cost for each component, he thinks that accepting the order will get the company's "foot in the door" of an expanding international market. Huang's production and cost information for the last two...

Huang Automotive is presently operating at 75% of capacity. The company recently received an offer from...

Huang Automotive is presently operating at 75% of capacity. The company recently received an offer from a Korean truck manufacturer to purchase 21,500 units of a power steering system component for $190 per unit. Peter Wu, vice-president of sales, notes that although there will be an additional $2.25 shipping cost for each component, he thinks that accepting the order will get the company's "foot in the door" of an expanding international market. Huang's production and cost information for the last...

Huang Automotive is presently operating at 75% of capacity. The company recently received an offer from...

Huang Automotive is presently operating at 75% of capacity. The company recently received an offer from a Korean truck manufacturer to purchase 26,500 units of a power steering system component for $197 per unit. Peter Wu, vice-president of sales, notes that although there will be an additional $2.75 shipping cost for each component, he thinks that accepting the order will get the company's "foot in the door" of an expanding international market. To determine variable and fixed costs, Huang's accountant...

Electro Fans has just received an order for one thousand 20-inch fans due week 7. Each...

Electro Fans has just received an order for one thousand 20-inch fans due week 7. Each fan consists of a housing assembly, two grills, a fan assembly, and an electrical unit. The housing assembly consists of a frame, two supports, and a handle. The fan assembly consists of a hub and five blades. The electrical unit consists of a motor, a switch, and a knob. The following table gives lead times, on-hand inventory, and scheduled receipts. See the following data...

At the beginning of year X1, a company received a 20% grant towards the cost of...

At the beginning of year X1, a company received a 20% grant towards the cost of a new machine of RM20 million. The asset has an expected life of five with no residual value. Required: Show the extract of the statement of financial position for the years ended 31 December X1 and X2 using both the deferred income and writing off against asset methods. Ceria Bhd obtained a significant amount of grant to the government to build hotels to keep...

Subjects