SCENARIO 2-10 The Histogram Below Represents Scores Achieved by 200 Job Applicants

question 152

Short Answer

SCENARIO 2-10
The histogram below represents scores achieved by 200 job applicants on a personality profile.

-Referring to the histogram from Scenario 2-10,90% of the job applicants scored above or equal to_____ .

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Definitions:

Identical Products

Goods that are exactly the same in every characteristic, quality, and performance, with no differentiation.

Wasteful Duplication

The unnecessary repetition of tasks or production, often leading to inefficiency and increased costs.

Excess Capacity

A situation where a firm is operating below its maximum production capability and can produce more with the existing resources.

Physical And Human Capital

Assets including machinery, buildings (physical capital) and the skills, knowledge, and experience possessed by an individual or population (human capital).