The Owner of a Fish Market Determined That the Average

question 12

Short Answer

The owner of a fish market determined that the average weight for a catfish is 3.2 pounds with a standard deviation of 0.8 pound. Assuming the weights of catfish are normally distributed, above what weight (in pounds) do 89.80% of the weights occur?

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Definitions:

Centralize

Refers to the process of concentrating decision-making authority and control at the top levels of an organization.

Tall Hierarchies

Organizational structures with multiple levels of management and authority, sometimes leading to slower decision-making processes.

Employee Empowerment

Practices that give employees more autonomy, responsibility, and authority over their work, aiming to increase engagement and productivity.

Centralized Structures

Organizational designs where decision-making authority is consolidated at the top levels of management, leading to a hierarchy of control and limited autonomy lower down.