Exhibit 6-9 The Average Price of Personal Computers Manufactured by MNM Company

question 47

Multiple Choice

Exhibit 6-9
The average price of personal computers manufactured by MNM Company is $1,200 with a standard deviation of $220. Furthermore, it is known that the computer prices manufactured by MNM are normally distributed.
-Refer to Exhibit 6-9. What is the probability that a randomly selected computer will have a price of at least $1,530?

• A)0.0668
• B)0.5668
• C)0.4332
• D)1.4332

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Definitions:

External Rewards

Incentives provided from an outside source, such as money or praise, to motivate behavior or acknowledge achievement.

Directive Leadership Style

A leadership approach where the leader gives clear and authoritative directions to subordinates, setting clear standards and expectations.

Satisfied Employee

An employee who experiences contentment and fulfillment from their job, often leading to higher productivity and loyalty to the company.

Identifying Skills

The ability to recognize, categorize, and label individual and group skills.