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

question 40

Multiple Choice

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 70
And 3, respectively, and the distribution of scores is mound-shaped and symmetric. Suppose the
Trainee in question received a score of 60. Compute the traineeʹs z-score.

• A)z = 0.81
• B)z = -30
• C)z = -10
• D)z = -3.33

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Definitions:

Normative Statement

An opinion or assertion about how the world ought to be, often reflecting values or judgments that cannot be tested or proven true or false.

Production Possibilities Frontier

A graph that shows the various combinations of output that an economy can possibly produce, given the available factors of production and the available production technology.

Trade-Off

A choice made in a given situation where one aspect of a set or design is reduced or forfeited to improve other elements.

Opportunity Cost

The dropping of possible gains that could come from other alternatives when a specific one is chosen.