Exhibit 6-4 The Starting Salaries of Individuals with an MBA Degree Are

question 23

Multiple Choice

Exhibit 6-4
The starting salaries of individuals with an MBA degree are normally distributed with a mean of $40,000 and a standard deviation of $5,000.
-Refer to Exhibit 6-4. What is the probability that a randomly selected individual with an MBA degree will get a starting salary of at least $47,500?

• A)0.4332
• B)0.9332
• C)0.0668
• D)0.5000

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Definitions:

Cultural Misunderstanding

Situations where differences in cultural values, practices, or language lead to misinterpretation or conflict between individuals or groups.

Social Awareness

The ability to understand and respond to the feelings, thoughts, and behaviors of others, acknowledging societal norms and dynamics.

Value Orientations

Fundamental beliefs that guide preferences, actions, and attitudes in individuals and cultures.

Personal Values

Core beliefs or ideals that guide an individual's behavior, influence their actions and attitudes, and help them distinguish between right and wrong.