An Analyst Wants to Simulate Observations from a Normal Distribution

question 24

Multiple Choice

An analyst wants to simulate observations from a Normal distribution that has a mean of 41 and a standard deviation of 3.The analyst draws a random number from a normally distributed table of random numbers.The random number is -2.00.The simulated value is:

• A)31
• B)35
• C)38
• D)41
• E)43

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Definitions:

Performance Appraisal

The formal assessment of an employee's job performance, identifying areas of strengths and opportunities for improvement.

Wrongful Discharge

The unlawful termination of an employee's contract of employment against the law or the terms specified in the contract.

Management by Objectives

A management strategy in which employees and managers collaborate to set, monitor, and achieve specific objectives.

Specific Objectives

Clearly defined targets that an organization or individual aims to achieve, often within a set timeframe.