The Distribution of the Annual Incomes of a Group of Middle

question 43

Multiple Choice

The distribution of the annual incomes of a group of middle management employees approximated a normal distribution with a mean of $37,200 and a standard deviation of $800. About 68% of the incomes lie between what two incomes?

• A)$30,000 and $40,000
• B)$36,400 and $38,000
• C)$34,800 and $39,600
• D)$35,600 and $38,800

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Definitions:

Practical Rationality

The process of reasoning based on practical considerations, often involving the efficient pursuit of goals using available means.

Abstract Logic

A branch of logic that deals with the study and systematic analysis of abstract forms of argument and reasoning, without necessarily referring to real-world objects.

Everyday Life

Refers to the daily activities, interactions, and routines in which people engage, highlighting the social and cultural meanings infused in the mundane.

Substantive Rationality

A decision-making process that considers the wider impact on society and adheres to ethical, value-based judgments, beyond mere efficiency.