A Website Advertises Job Openings on Its Website, but Job

question 60

Multiple Choice

A website advertises job openings on its website, but job seekers have to pay to access the list of job openings. The website recently completed a survey to estimate the number of days it takes to find a new job using its service. It took the last 30 customers an average of 60 days to find a job. Assume the population standard deviation is 10 days. Calculate a 95% confidence interval of the population mean number of days it takes to find a job.

• A) [40.4000, 79.6000]
• B) [55.9085, 64.0915]
• C) [56.4216, 63.5784]
• D) [56.9966, 63.0034]

---

Definitions:

Securities

Assets indicating an equity share in a publicly-listed firm (stock), a lending arrangement with a corporation or government (bond), or ownership rights via options.

Agency Problem

A conflict of interest between the principals, such as shareholders, and the agents managing the company, like executives or managers.

Empire Building

A strategy where a company's executives expand their organization's size and operations, often to increase power and control, regardless of shareholder benefit.

Corporate Jets

Private aircraft owned or leased by corporations for the purpose of transporting executives and employees, often to support business operations more efficiently.