It Is Against the Law to Discriminate Against Job Applicants

question 129

Essay

It is against the law to discriminate against job applicants because of race, religion, sex, or age. Of the individuals who apply for an accountant's position in a large corporation, 39% are over 45 years old. If the company decides to choose 96 of a very large number of applicants for closer credential screening, claiming that the selection will be random and not age-biased, what is the z-value associated with fewer than 46 of those chosen being over 45 years old? (Assume that the applicant pool is large enough so that x, the number in the sample over 45 years old, has a binomial probability distribution.)

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Definitions:

Recessions

Periods of economic decline when GDP falls for two consecutive quarters, leading to a decrease in consumer spending and investment.

Government Surplus

A situation where the government's income, mainly from taxes, exceeds its expenditures within a specific timeframe, indicating fiscal health.

Monetary Growth

This refers to the increase in the amount of money in an economy over time, which can influence inflation and economic activity.

Q

Output, or number of goods and services produced during the current year.