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Serga [27]
3 years ago
14

Yoonie is a personnel manager in a large corporation. each month she must review 16 of the employees. from past experience, she

has found that the reviews take her approximately four hours each to do with a population standard deviation of 1.2 hours. let χ be the random variable representing the time it takes her to complete one review. assume χ is normally distributed. let 9 o be the random variable representing the mean time to complete the 16 reviews. assume that the 16 reviews represent a random set of reviews. 1. what is the mean, standard deviation, and sample size? 2. complete the distributions.
a. x ~ _____(_____,_____)
b. 9 o ~ _____(_____,_____)
Business
1 answer:
Inga [223]3 years ago
4 0

Answer:

Sample size is 16

Mean 4

Standard deviation of the sample is 0.3.

Explanation

The Central Limit Theorem estabilishes that, for a random variable X, with mean \mu and standard deviation \sigma, a large sample size can be approximated to a normal distribution with mean \mu and standard deviation \frac{\sigma}{\sqrt{n}}.

In this problem, we have that:

The population has a mean of four hours, with a standard deviation of 1.2 hours. The sample is the 16 of the employees.

So

The sample size is 16, so n = 16

The mean of the sample is the same as the population mean, so \mu = 4.

The standard deviation of the sample is s = \frac{\sigma}{\sqrt{n}} = \frac{1.2}{4} = 0.3

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Which of the following is a result of unemployment that is very low? a. The few people who are unemployed stop looking for jobs.
hammer [34]

Answer:

Option "C"  is correct.

Explanation:

Option "c" is correct because companies are facing difficulties in the recruitment of workers which exhibits that few workers are available in the market. That means the company does not have enough options regarding the workers so it finds difficulty in the recruitment. Moreover, the availability of few workers means unemployment is very low.

6 0
3 years ago
HELP ME PLEASE !!!
Alecsey [184]

Answer:

a. financial records can be searched more easily

Explanation:

Computer technology has aided in the automation and integration of an organization's financial records in a single system. A business's financial data relating to several financial years are accessible from a single computer. Computer technology has made it easy to collect, analyze, report, and interpret financial records.

Through computer technology, financial records are organized and stored in a manner that is easy to retrieve. It takes very little time to access the required financial information as long as it was labeled correctly and stored.

3 0
3 years ago
An RR sold shares of new stock issue of ABC Corp. to a customer at $20 per share. After a week, ABC is selling at $10. The RR of
Vanyuwa [196]

Answer:

It is a violation of NASD rules against guaranteeing a customer against loss.

Explanation:

In this case the RR is guaranteeing the customer against loss. The customer initially bought the shares for $20 the new price is $10. The RR now coming in to buy the shares above market value is a way to guarantee the customer against loss, and its a NASD violation.

7 0
3 years ago
Lowering the interest rate will:A. decrease spending on new homes. B. decrease spending on consumer durables. C. decrease the va
ahrayia [7]

Answer:

D: increase investment projects by firms

Explanation:

When interest rates are lowered, it is a green signal for small and medium size enterprises to borrow money for their investment projects.

3 0
3 years ago
Refer to the following selected financial information from Marston Company. Compute the company's accounts receivable turnover f
Artyom0805 [142]

Answer:

The correct option is E

Explanation:

The formula to compute the accounts receivable turnover of the company for the Year 2 is as:

Accounts Receivable Turnover = Net Credit Sales / Average Accounts Receivable

where

Net Credit Sales be $723,000

And

Average Accounts Receivable is computed as:

Average Accounts Receivable = Accounts receivable Year 1 + Accounts receivable Year 2 / 2

= $86,500 + $82,750 / 2

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= $84,625

Putting the values in the above formula:

= $723,000 / $84,625

= 8.54

5 0
3 years ago
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