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A management team wants to give raises to only the top 4% of employees in a company. An analysis of the previous performance reviews reveals
A management team wants to give raises to only the top 4% of employees in a company. An analysis of the previous performance reviews reveals that the ratings approximate a normal curve with a mean of 82.5 and a standard deviation of 17.5. What rating should the management team set as the minimum rating an employee needs to get a raise?
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