A Recent Survey of Fortune 500 Firms Found That on Average,they

question 212

Multiple Choice

A recent survey of Fortune 500 firms found that on average,they contribute $332.54 per month for each salaried employee's health insurance.If you are told that almost all salaried employees at Fortune 500 firms receive a health insurance contribution between $220.61 and $444.47,and assuming a bell-shaped distribution,what must the standard deviation for this data be?

• A)$37.31
• B)$46.65
• C)$55.98
• D)$74.64

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Definitions:

Environmental Experiences

The various physical, social, and cultural settings that affect individuals' development and behavior throughout their life.

Case Study Method

A research approach that involves an in-depth investigation of an individual, group, or event to explore underlying principles or findings that may be applied to broader contexts.

Generalizability

describes the extent to which research findings and conclusions from a study conducted on a sample population can be applied to the population at large.

Scientific Method

A systematic process for conducting research and experimentation, involving observation, hypothesis formulation, experimentation, and conclusion.