Consider a sample on the waiting times (in minutes) at the billing counter in a grocery store to be 15, 24, 18, 15, 21, 20, 15, 22, 19, 16, 15, 22, 20, 15, and 21. Compute the 25th, 50th, and 75th percentiles.
What will be an ideal response?
25th percentile = 1550th percentile = 1975th percentile = 21
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A person’s race, ethnicity, or country of origin is referred to as ______ background.
a. cultural b. ethnic c. religious d. racial
Regardless of the medium, which of the following is NOT a general pointer for designing benefits information?
A. Avoid complex language when describing benefits. Clear, concise, and understandablelanguage is a must. B. Explain the purpose behind a benefit and the value it offers employees. Be up frontabout the pros and cons of different benefit plans. C. Provide numerous examples to illustrate how a benefit choice might affect differenttypes of employees, depending upon their personal circumstances. D. Avoid the use of graphics as, they tend to make the information less understandable and encourage confusion.
What is the effective interest rate of a simple discount note for $2,700 at a bank discount rate of 12.25%, for 36 months? (Round to the nearest tenth percent)
A) 19.0% B) 22.0% C) 19.4% D) 14.1%
The gross profit percentage for Elk Roofing Products is 20%. If the company has Net Sales of $850,000 for the year, what was the amount of Cost of Goods Sold?
A. $750,000 B. $170,000 C. $250,000 D. $680,000