A Study of the Scores on an In-Plant Course in Management

question 67

Multiple Choice

A study of the scores on an in-plant course in management principles and the years of service of the employees enrolled in the course resulted in these statistics:
i. Mean test score was 200 with a standard deviation of 40
ii. Mean number of years of service was 20 years with a standard deviation of 2 years.
In comparing the relative dispersion of the two distributions, what are the coefficients of variation?

• A) Test 50%, service 60%
• B) Test 100%, service 400%
• C) Test 20%, service 10%
• D) Test 35%, service 45%
• E) None of the choices are correct.

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Definitions:

Unsatisfied Judgment

A legal judgment that has not been fully paid or settled by the debtor.

Insolvent

The state of being unable to pay debts when they are due, often leading to bankruptcy proceedings.

Dissolution

The process of legally terminating the existence of a corporation, partnership, or other legal entity.

Creditors

Creditors are individuals or institutions that lend money or extend credit to others, holding the right to receive payment for debts owed to them.