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Many firms use on-the-job training to teach their employees computer programming. Suppose you work in the personnel department of a firm that just finished training a group of its employees to program, and you have been requested to review the performance of one of the trainees on the final test that was given to all trainees. The mean and standard deviation of the test scores are 83 and 3, respectively, and the distribution of scores is mound-shaped and symmetric. If a firm wanted to give the best 2.5% of the trainees a big promotion, what test score would be used to identify the trainees in question?
Insurance Fraud
Illegally manipulating or fabricating claims with the intent to obtain undue financial benefit from an insurance policy.
White-Collar Crime
A category of non-violent crimes, usually committed in commercial situations for financial gain.
Corporate Crime
Illegal acts committed by a company or its employees that are designed to benefit the corporation financially or otherwise.
Larceny
The unlawful taking of personal property with the intent to permanently deprive the owner of it.
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