Abel Alonzo, Director of Human Resources, Is Exploring Employee Absenteeism

question 31

Multiple Choice

Abel Alonzo, Director of Human Resources, is exploring employee absenteeism at the Harrison Haulers Plant during the last operating year.A review of all personnel records indicated that absences ranged from zero to twenty-nine days per employee.The following class intervals were proposed for a frequency distribution of absences: Absences Number of Employees
(Days)
0-under 5 -
5-under 10 -
10-under 15 -
20-under 25 -
25-under 30 -
Which of the following represents a problem with this set of intervals?

• A)There are too few intervals.
• B)Some numbers between 0 and 29, inclusively, would not fall into any interval.
• C)The first and second interval overlaps.
• D)There are too many intervals.
• E)The second and the third interval overlap.

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Definitions:

Demand Curves

A graphical representation showing how the quantity demanded of a good or service varies with its price.

Supply Curves

A graphical representation of the relationship between the price of a good and the quantity of the good supplied by producers.

Allocative Efficiency

A state of the economy in which production represents consumer preferences; in other words, when capital goods are distributed in the most beneficial manner among the population.

Production Possibilities Curve

A graphical representation that shows the maximum possible output combinations of two goods or services an economy can achieve when all resources are fully and efficiently utilized.