This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The most successful quantitative analysis will separate the analyst from the managerial team until ... (Read 96 times)

rlane42

  • Hero Member
  • *****
  • Posts: 594
on: Jun 24, 2018
The most successful quantitative analysis will separate the analyst from the managerial team until after the problem is fully structured.
  Indicate whether the statement is true or false

Question 2

The average starting salary for this year's graduates at a large university (LU) is 30,000 with a standard deviation of 8,000 . Furthermore, it is known that the starting salaries are normally distributed.
 a. What is the probability that a randomly selected LU graduate will have a starting salary of at least 30,400?
 b. Individuals with starting salaries of less than 15,600 receive a low income tax break. What percentage of the graduates will receive the tax break?
 c. What are the minimum and the maximum starting salaries of the middle 95 of the LU graduates?
 d. If 303 of the recent graduates have salaries of at least 43,120, how many students graduated this year from this university?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shailee

  • Sr. Member
  • ****
  • Posts: 392
Reply #1 on: Jun 24, 2018
Answer to Question 1

F

Answer to Question 2

a. .4801
b. 3.59
c. minimum = 14,320; maximum = 45,680
d. 6,000


rlane42

  • Hero Member
  • *****
  • Posts: 594
Reply #2 on: Jun 24, 2018
Thank you :)


shailee

  • Sr. Member
  • ****
  • Posts: 392
Reply #3 on: Jun 24, 2018
Happy to help you


« previous next »
 

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Successful HIV/AIDS prevention Successful HIV/AIDS prevention
Difference between Functional and Cross-Functional team Difference between Functional and Cross-Functional team
Analysis of the dihybrid crosses Analysis of the dihybrid crosses
Table - Correlation Analysis Table - Correlation Analysis
In the PCR amplification and analysis of one STR locus In the PCR amplification and analysis of one STR locus
The nucleosome core particle derived from X-ray crystal analysis The nucleosome core particle derived from X-ray crystal analysis
Video: Random alignment at Metaphase I Animation

For a complete list of videos, visit our video library