Provide an Appropriate Response

question 24

Multiple Choice

Provide an appropriate response.
-Many firms use on-the-job training to teach their employees computer programming. Suppose you work in the personnel department of a firm that just finished training a group of its employees to program, and you
Have been requested to review the performance of one of the trainees on the final test that was given to all
Trainees. The mean and standard deviation of the test scores are 81 and 3, respectively, and the distribution of
Scores is bell-shaped and symmetric. Suppose the trainee in question received a score of 77. Compute the
Traineeʹs z-score.

• A)z = -1.33
• B)z = 1.33
• C)z = -0.91
• D)z = 0.91

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Definitions:

Cash

A form of liquid asset that includes currency, coins, and balances in bank accounts, used by businesses to carry out transactions.

Common Stock

Equity ownership in a corporation, with holders usually having voting rights and receiving dividends variable with the company’s profitability.