A Company Collected the Ages from a Random Sample of Its

question 72

Multiple Choice

A company collected the ages from a random sample of its middle managers with the resulting frequency distribution shown below: What is the midpoint of the third class interval?

• A)22.5
• B)27.5
• C)32.5
• D)37.5
• E)42.5

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Definitions:

Company's Strategy

A plan devised by organizations to achieve overarching goals and secure a competitive position in the market.

Work Flow Design

The process of defining the optimal course of action and organization of work tasks to ensure efficient completion of work processes.

Production

The process of creating goods and services through the combination of labor, materials, and technology.

Work Flow Analysis

The study of the flow of work among individuals and groups within an organization, aimed at improving efficiency and effectiveness.