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Crazy boy [7]
2 years ago
13

If the monthly income of the IBM employees follows a SYMMETRICAL NORMAL distribution, with a median of $5000 and a standard devi

ation of $200. What would be the mean monthly income? *
Business
1 answer:
AURORKA [14]2 years ago
4 0

Answer:  mean monthly income = $5000

====================================================

Explanation

In any normal distribution, the median and mean are the same value.

-------------

The proof is as follows:

If mean > median was the case, then the distribution would be skewed to the right (ie positively skewed). The right tail is pulled longer than the left tail. But this would contradict the symmetrical nature of the normal distribution. So mean > median must not be the case.

If mean < median, then the distribution would be skewed to the left (negatively skewed). Visually this pulls the left tail longer than the right tail. Like in the previous paragraph, this contradicts the symmetrical nature of the normal distribution. So mean < median must not be the case.

Since mean > median cannot be true, and neither can mean < median, this must indicate mean = median.

-------------

So in short, any symmetrical distribution always has mean = median and they are at the very center of the distribution.

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zvonat [6]

Productivity in the service sector is difficult to measure because new technology adds to quality of services provided.

<h3>What is productivity?</h3>

Productivity is defined as the efficient way of producing goods and services. Productivity occurs when the input to a system matches the output.

When technology is added to productivity, the service sector finds it difficult to measure due to the quality of the services provided

learn more on productivity here; brainly.com/question/2992817

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8 0
2 years ago
In the 1960s, a popular ad stated that "blondes have more fun!" this is an example of ______.
ololo11 [35]
Salutations!

In the 1960s, a popular ad stated that "blondes have more fun!" this is an example of ______.

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5 0
3 years ago
The government of Ruritania has implemented many programs that promote equality, but has become concerned about the very slow ra
IceJOKER [234]

Answer: b. reduce taxes and cut back on some social programs

Explanation:

When the Economy is not doing well, Social programs are usually targeted as they usually take a lot of money from the Government's coffers.

It is also a generally held view that reducing taxes as a Fiscal policy can help stimulate the Economy by leaving the public with more funds to invest in and spend on the Economy.

The Government of Ruritania is therefore most likely to combine reducing Social programs as well as reducing taxes. This will have the effect of leaving the Government with some money as it loses revenue from taxes whilst also enabling the public to have more money to invest and to spend which will then lead to Economic growth.

8 0
3 years ago
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Karolina [17]

Answer:

The statement is: False.

Explanation:

Life Insurance is a financial contract that protects an individual's dependents in the case of his or her death. In life, the policy holder makes payments on a regular basis -typically monthly- to be covered and selects who the beneficiaries will be if he or she passes away. The beneficiaries receive a lump sum of payment only in front of that event.

4 0
3 years ago
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Maslowich
Undifferentiated Marketing, Multi-Segment Targeting, Focus Targeting, and Customized Marketing.

Hope this helps!
5 0
3 years ago
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