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Author Question: A recent survey of Fortune 500 firms found that on average, they contribute 332.54 per month for ... (Read 93 times)

cookcarl

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on: Jun 24, 2018
A recent survey of Fortune 500 firms found that on average, they contribute 332.54 per month for each salaried employee's health insurance.
 
  If you are told that almost all salaried employees at Fortune 500 firms receive a health insurance contribution between 220.61 and 444.47, and assuming a bell-shaped distribution, what must the standard deviation for this data be?A) 37.31
  B) 46.65
  C) 55.98
  D) 74.64

Question 2

An automobile insurance agent believes that company A is more reliable than company B. Which level of measurement does this information represent?
 
  A) nominal
  B) ordinal
  C) interval
  D) ratio


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dellikani2015

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Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

B


cookcarl

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

jordangronback

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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