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TABLE 2-10
The histogram below represents scores achieved by 200 job applicants on a personality profile.
-Referring to the histogram from Table 2-10, 90% of the job applicants scored above or equal to ________.
Consumer
An individual or group who purchases goods and services for personal use.
Expected Utility
A theory in economics that calculates the anticipated utility resulting from different outcomes in risky or uncertain situations.
Utility
(Of a consumer) a measure of the satisfaction derived from consumption of goods and services.
Probability
The measurement of the likelihood of a specific event or outcome occurring.
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