According to a Survey of the Top 10 Employers in a Major

question 210

Multiple Choice

According to a survey of the top 10 employers in a major city, a worker spends an average of 413 minutes a day on the job. Suppose the standard deviation is 26.8 minutes and the time spent is approximately a normal distribution.
-Consider the interval $\mu \pm \mathrm { k } \sigma$
For some population.According to Chebyshev's theorem,what value of k would guarantee this interval would include at least 80% of the measurements in the population?

• A)5.0
• B)2.2
• C)2.5
• D)1.6
• E)2.0

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Definitions:

Goods-Producing

Refers to industries or sectors of the economy that directly manufacture or produce tangible products, as opposed to providing services.

Service Companies

Businesses primarily engaged in providing services rather than goods to customers.

Location Decision

The process of determining the most appropriate geographical location for a company's operations, services, or manufacturing facilities.

Decision Areas

The key aspects or fields within an organization or endeavor that require choices to be made, shaping strategy and operations.