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Personnel Managers Usually Want to Know Where a Job Applicant

question 26

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Personnel managers usually want to know where a job applicant ranked in his or her graduating class.With a grade point average of 3.83,Michelle Robinson graduated above the 93rd percentile of her graduating class.What is the percentile rank of a student whose GPA was the median GPA.


Definitions:

Tenders

Formal offers to carry out work, supply goods, or buy land, goods, or services at a specified price.

Security Interest

A legal claim or lien on collateral, which gives the holder the right to seize property if the debtor fails to meet the obligations of a loan or agreement.

Line of Credit

An arrangement between a financial institution and a client that establishes a maximum loan balance that the borrower can access.

Inventory

The total amount of goods and materials held by a business for the purpose of sale or production.

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