David Desreumaux,VP of Human Resources of American First Banks (AFB),is

question 44

Multiple Choice

David Desreumaux,VP of Human Resources of American First Banks (AFB) ,is reviewing the employee training programs of AFB banks. His staff reports several statistics for teller training hours. The mean is 20 hours,the standard deviation is 5 hours,the median is 15 hours,and mode is 10 hours.The Pearsonian coefficient of skewness-or Pearson's second skewness coefficient,defined as (3 × (μ - median) /σ) -for teller training hours is __________.

• A) 6
• B) 1
• C) 3
• D) 4
• E) 0

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Definitions:

Financial System

An intricate network of financial institutions, markets, instruments, and services facilitating the flow of funds and enabling the allocation of resources in an economy.

Scarce Resources

Resources that are limited in availability and can be used for the production of goods and services.

Savers

Individuals or entities that set aside a portion of their income for future use, often in interest-bearing accounts or investments.

Financial Markets

Markets where financial securities, such as stocks and bonds, are issued and traded among investors.