From what is said the answer is true. that leaves 25000 over your lifestyle budget
The ethnocentric staffing policy is used in Trisha firm.
What do you mean by staffing?
Staffing refers to the continuous process of finding, selecting evaluating and developing a working relationship with current or future employees. The main goal of staffing is to fill the various roles within the company with suitable candidates.
What is importance of staffing?
If the staff are not competent, your organization will lag. But if you recruit the right kind of professionals, any company would perform other chores, such as organizing, directing, and controlling properly. It also contributes to the efficient utilization of resources.
The ethnocentric approach--------- to recruitment means that we hire people from our parent country to fill positions all over the world.
Learn more about staffing policy:
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This is an example of a change in perception.
Once she changed the way she looks at the problem, the problem instantly changed, or rather, disappeared, in Mary's case. She doesn't view math as a terrible chore anymore, but rather as a fun challenge, which means that her perception of math changed.
Answer:
95% of 55 trucks will have weights between 5915.5 lbs and 6084.5 lbs
Explanation:
Complete question:
Crossett Trucking Company claims that the mean weight of its delivery trucks when they are fully loaded is 6,000 pounds and the standard deviation is 310 pounds. Assume that the population follows the normal distribution. Fifty-five trucks are randomly selected and weighed. Within what limits will 95% of the sample mean occur
- Subtract 1 from sample size to find degree of freedom(df). Here sample size is 55,so
df= 55-1= 54
- To determine α, subtract confidence interval from 1 and then divide by 2. Here confidence interval is 95% or 0.95, so
α= (1-0.95)/2= 0.025
- Use t-distribution table(see attachment) to find t-value for α=0.025 and df=54. So t=2.021(since df=54 is not listed in the table, I have used the table row corresponding to the next lowest value of df that is 40)
- divide sample deviation, 310, by root of sample size that is 55. So,
= 41.8
- Now multiply the answers from last two steps 41.8 × 2.021= 84.5
- lower limit= 6000-84.5=5915.5
- upper limit= 6000+84.5=6084.5
95% of 55 trucks have weights between 5915.5 lbs and 6084.5 lbs
Answer:The marginal cost of fourth unit is $589
Explanation:The marginal cost of a good is defined as the cost of producing an additional one unit which increases the total cost of such good. Therefore we can say that;
Marginal cost=Total cost at 4 units - total cost at (4-1) units
=total cost of the 4 units - total cost of the three units
=3,087 -2,498
=$589
Also using the formulae;
Marginal cost = Change in cost / change in quantity
= 3,087 -2,498/4-3 =589/1= $589
The marginal cost of fourth unit is $589
