JewelMistCom Estimates the Cost of Relocating Its Headquarters to Los

question 26

Multiple Choice

JewelMist.com estimates the cost of relocating its headquarters to Los Gatos, CA with a normal distribution centered on $9.5 million and having a standard deviation of $1.1 million.According to this distribution, there's a 45% chance that the cost will be between $9.5 million and $ how many million.(Make $9.5 million the lower boundary for your interval.)

• A)11.315
• B)10.783
• C)9.961
• D)11.652
• E)10.782

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Definitions:

Human Capital

The value of an individual’s competencies and capabilities, which is considered an asset to an organization’s performance and efficiency.

Human Resources Management

The strategic approach to the effective and efficient management of people in an organization to help their business gain a competitive advantage.

Personnel Department

The division within an organization tasked with managing employee-related functions, including recruitment, training, and benefits administration.

Roosevelt Corollary

An extension of the Monroe Doctrine articulated by President Theodore Roosevelt in 1904, asserting the right of the United States to intervene in Latin America to stabilize the economic affairs of countries if they were unable to pay their international debts.