In Determining the Best Companies to Work For, a Number

question 11

Multiple Choice

In determining the best companies to work for, a number of variables are considered, including size, average annual pay, and turnover rate, etc.Employee surveys are often
Conducted in order to assess aspects of the organization's culture, such as trust and
Openness to change.A sample of 33 companies was randomly selected and data
Collected on the average annual bonus and turnover rate (%) .A questionnaire was also
Administered to the employees of each company to arrive at a trust index (measured on a
Scale of 0 - 100) .The output is shown below. A company having a trust index score of 70 and an average annual bonus of $6500 has a
Predicted turnover rate of

• A)3.5%
• B)4.2%
• C)1.9%
• D)2.4 %
• E)None of the above.

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Definitions:

Time Constraint

A specific limit or period within which a task or project must be completed.

Inequality/Equality

Mathematical expressions that describe the relationship between two values, indicating whether they are unequal or equal respectively.

Monthly Profit

The net gain or income that a business generates in a particular month after all expenses are subtracted from revenues.

B-type Steel Sheets

A classification for steel sheets, indicating specific properties or uses, typically related to the grade or quality of the steel.