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:

Semimonthly Payroll

A payroll schedule where employees are paid twice a month, often at the middle and end.

Withholding Allowances

A system that determines the amount of income tax to be withheld from an employee's paycheck, influenced by personal and financial circumstances.

Lifetime Learning Credits

A tax credit available to taxpayers to offset college and education expenses, aimed at promoting lifelong learning.

Married Filing Separately

A tax filing status for married couples who choose to record their respective incomes, exemptions, and deductions on separate tax returns.