Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A company rates employee performance on a scale from 0 to 100, with 100 being the best. After reviewing historical data, employee performance has been

A company rates employee performance on a scale from 0 to 100, with 100 being the best. After reviewing historical data, employee performance has been found to be normally distributed, with a mean of 84 and a standard deviation of 5.

What is the probability of an employee being rated higher than 75?




a.

3.6%



b.

90.9%



c.

96.4%



d.

91.9%



QUESTION 5


A company rates employee performance on a scale from 0 to 100, with 100 being the best. After reviewing historical data, employee performance has been found to be normally distributed, with a mean of 84 and a standard deviation of 5

What is the probability of getting a rating of 80 or lower?




a.

21.2%



b.

34.5%



c.

69.1%



d.

15.9%



QUESTION 6


A company rates employee performance on a scale from 0 to 100, with 100 being the best. After reviewing historical data, employee performance has been found to be normally distributed, with a mean of 84 and a standard deviation of 5.

What percentage of employees were rated greater than or equal to 70 but less than 90?




a.

32.2%



b.

57.0%



c.

88.2%



d.

93.7%




Step by Step Solution

3.29 Rating (146 Votes )

There are 3 Steps involved in it

Step: 1

To solve these probability questions we can use the properties of the normal distribution In particu... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Management A Strategic Emphasis

Authors: Edward Blocher, David Stout, Paul Juras, Gary Cokins

7th edition

77733770, 978-0077733773

More Books

Students also viewed these Finance questions

Question

How can hotels get a handle on forecasting?

Answered: 1 week ago