Personnel Managers Usually Want to Know Where a Job Applicant

question 35

Multiple Choice

Personnel managers usually want to know where a job applicant ranked in his or her graduating class. With a grade point average of 3.83, Michelle Robinson graduated above the 93rd percentile of her graduating class. What is the percentile rank of a student whose GPA was the median GPA?

• A) 25th
• B) 50th
• C) 75th
• D) 10th
• E) 93rd

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Definitions:

Economic Growth

A growth in an economy's ability to generate goods and services over different time intervals.

Technology Used

Refers to the tools, machines, and techniques utilized to solve problems or improve conditions in various fields.

Equilibrium Price

Equilibrium price is the price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers, resulting in a balanced market.

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the equilibrium price, where demand equals supply.