The average starting salary of this year's MBA students is $45,000 with a standard deviation of $5,000. Furthermore, it is known that the starting salaries are normally distributed. What are the minimum and the maximum starting salaries of the middle 95% of MBA graduates?
What will be an ideal response?
Min. = 35,200; Max. = 54,800
You might also like to view...
What are the four main types of organizational politics?
What will be an ideal response?
In calculating the depletion of a natural resource, its useful life in years is irrelevant
Indicate whether the statement is true or false
It is now near the end of May and you must prepare a forecast for June for a certain product. The forecast for May was 900 units. The actual demand for May was 1000 units. You are using the exponential smoothing method with ?= 0.20
The forecast for June is: A) fewer than 925 units. B) greater than or equal to 925 units but fewer than 950 units. C) greater than or equal to 950 units but fewer than 1000 units. D) greater than or equal to 1000 units.
Rosa has several creative ideas for organizing events and starts an event management company. However, she does not know much about an event management business and is unable to handle the finance and marketing sides of the business. As a result, she faces huge losses and eventually shuts down the company. Which of the following threats is highlighted in the given scenario?
A. Lack of knowledge B. Too little money C. Bigger regulatory burden D. Higher health insurance costs