Determine If the Outcome Is Unusual $\mu - 2 \sigma$ Or Greater Than

question 115

Multiple Choice

Determine if the outcome is unusual. Consider as unusual any result that differs from the mean by more than 2 standard deviations. That is, unusual values are either less than $\mu - 2 \sigma$ or greater than $\mu + 2 \sigma$ .
-A survey for brand recognition is done and it is determined that 68% of consumers have heard of Dull Computer Company. A survey of 800 randomly selected consumers is to be conducted. For such groups of 800, would it be unusual to get 687 consumers who recognize the Dull Computer Company name?

• A)Yes
• B)No

Recognize and explain the disparities and inequities in occupational distributions along gender and racial lines.

Comprehend the significant commitment of time individuals make to their careers over a lifetime.

Understand the economic disparities in earnings based on gender.

Describe the evolution of the psychological contract between employers and employees over recent decades.

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Definitions:

Current Ratio

A financial ratio indicating how well a company can cover its short-term debts with assets that can be quickly converted into cash within a year.

Decimal Place

The position of a number to the right of the decimal point, used to represent fractions of a whole in decimal notation.

Horizontal Analysis

A financial analysis technique that compares historical financial data over a series of reporting periods to identify trends and growth patterns.

Vertical Analysis

A method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities, and equities) in a balance sheet is represented as a proportion of the total account.