Compare Results Using Standardization A) 124
B) 2

question 22

Multiple Choice

Compare results using standardization.
-The following table shows closing share prices for a small sample of companies. The
Z score for the share price for Matsushita Electronic Components is $$\begin{array} { | l | c | } \hline \text { COMPANY } & \text { CLOSING SHARE PRICE - 08/07 } \\\hline \text { 3M Dental Products } & 86.95 \\\hline \text { Tyco Electronics Power Systems } & 47.45 \\\hline \text { Kyocera America Inc. } & 94.10 \\\hline \text { Pfizer Inc. } & 22.39 \\\hline \text { Xerox Company } & 17.56 \\\hline \text { Northrop Grumman Corporation } & 75.81 \\\hline \text { Lockheed Martin Maritime Systems } & 100.17 \\\hline \text { Sony DADC } & 51.91 \\\hline \text { Matsushita Electronic Components } & 17.91 \\\hline \text { Foster Wheeler Environmental Corp. } & 55.67 \\\hline\end{array}$$

• A) 1.24.
• B) 2.34.
• C) -2.34.
• D) -3.00.
• E) -1.24.

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Definitions:

Ethical Problem

A situation that poses a moral dilemma, requiring an individual to choose between actions that are evaluated as right or wrong based on ethical principles.

Decision Rule

A decision rule is a guideline or criterion that guides choices or judgments in decision-making processes.

High Confidence

A strong belief in one's abilities or likelihood of succeeding.

Framing Error

A mistake made in how problems, solutions, or decisions are presented or conceptualized, potentially leading to poor outcomes.