A manufacturing process produces items whose weights are normally distributed. It is known that 22.57% of all the items produced weigh between 100 grams up to the mean and 49.18% weigh from the mean up to 190 grams. Determine the mean and the standard deviation.
What will be an ideal response?
Standard deviation = 30 Mean = 113
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A Web-Star salesperson is preparing a sales presentation for a British firm that is interested in purchasing Web conferencing software. What is the best advice for the salesperson?
A) Use aggressive sales techniques because British business people appreciate aggressiveness. B) Remind the prospect of the disadvantages of competing Web conferencing products. C) Immediately use first names with the prospect because British business people are informal. D) Focus on objective facts about the Web conferencing product during the sales presentation. E) Call the prospect frequently after the sales presentation to determine if a decision has been made.
To test the validity of a multiple regression model, we test the null hypothesis that the regression coefficients are all zero by applying the:
A. t-test B. z-test C. F-test D. None of these choices.
The process by which a firm attempts to identify job applicants with the necessary knowledge, skills, abilities, and other characteristics that will help the firm achieve its goals is known as
A. selection. B. differentiation. C. performance management. D. training. E. appraisal.
Individuals or organizations outside of a company will never have the need or desire to view information on another company's finances.
Answer the following statement true (T) or false (F)