The starting salaries of individuals with an MBA degree are normally distributed with a mean of $40,000 and a standard deviation of $5,000 . What is the probability that a randomly selected individual with an MBA degree will get a starting salary of at least $30,000?

a. 0.4772
b. 0.9772
c. 0.0228
d. 0.5000


B

Business

You might also like to view...

When par value stock is issued at a price above par, the amount above par is called the

a. discount; b. market value; c. stated value; d. premium; e. dividend.

Business

In the context of legal forms of business, identify a true statement about limited liability partnership (LLP).

A. In a limited liability partnership, limited partners can work at the firm but not be active in its management. B. All partners in a limited liability partnership are jointly responsible for any debts or judgments against the firm. C. General partners in a limited liability partnership are indirectly responsible for federal taxes owed by the firm. D. Limited partners in a limited liability partnership must be external advisors who do not have a stake in the ownership of the firm.

Business

Describe the SCOR Model and how and why a firm may use this model to enhance its supply chain process integration efforts.

What will be an ideal response?

Business

Operation costing tends to parallel job-order costing with respect to the treatment of conversion cost.

Answer the following statement true (T) or false (F)

Business