The Chairman of a Welfare Organization Asks an Employee to Head

question 54

Multiple Choice

The chairman of a welfare organization asks an employee to head a fundraising activity. The employee, however, embezzles $250,000 from the funds raised from the activity and falsifies financial records. In this scenario, the behavior of the employee is _____.

• A)illegal and ethical
• B)illegal and unethical
• C)legal and unethical
• D)legal and ethical

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Definitions:

Chebyshev's Theorem

A statistical theorem which states that for any real number greater than one, a certain proportion of values in any data set will be close to the mean, based on the number of standard deviations specified.

Standard Deviations

A measure of the amount of variation or dispersion of a set of values, indicating how spread out the values are from their mean.

Midrange

The arithmetic average of the maximum and minimum values in a data set.

Variance

A measure of the dispersion or spread of a set of data points, indicating how much they differ from the mean.