A Large Retail Company Gives an Employment Screening Test to All

question 92

Multiple Choice

A large retail company gives an employment screening test to all prospective employees.Franklin Gilman recently took the test and it was reported back to him that his score placed him at the 80th percentile.Therefore:

• A)80 people who took the test scored below Franklin.
• B)Franklin scored as high or higher than 80 percent of the people who took the test.
• C)Franklin was in the bottom 20 percent of those that have taken the test.
• D)Franlkin's score has a z-score of 80.

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Definitions:

Capital Investment

Funds invested in a business with the intent to further its objectives, such as acquiring new assets or launching new ventures.

Investment Funds

Pooled funds from multiple investors used to collectively invest in securities such as stocks, bonds, or other assets, managed by professionals.

Manufacturing Flexibility

The ability of a manufacturing process to adapt to changes in products or production volumes with minimal delay and cost.

Capital Investment

Funds invested in a business with the expectation of future benefits, such as the purchase of equipment or property.