Many Firms Use On-The-Job Training to Teach Their Employees Computer

question 84

Essay

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 85 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?

Recognize the concept of mutual interdependence and its effect on price control in different market models.

Associate specific industries with appropriate market models based on their characteristics.

Comprehend the concept of differentiated and standardized products within various market structures.

Understand the impact of the number of firms in an industry on market models and competition levels.

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Definitions:

Transpiration

is the process by which moisture is carried through plants from roots to small pores on the underside of leaves, where it changes to vapor and is released to the atmosphere.

Aquatic Ecosystems

Water-based environments, including oceans, lakes, rivers, and wetlands, where plants and animals interact.

Dissolved Phosphorus

Phosphorus that is in a soluble form in water, available to organisms for uptake and essential for biological processes such as energy transfer.

Decomposition

The process by which organic substances are broken down into simpler organic or inorganic matter, primarily by microbial action.