A High-Profile Consulting Company Chooses Its New Entry-Level Employees from a Pool

question 37

Multiple Choice

A high-profile consulting company chooses its new entry-level employees from a pool of recent college graduates using a five-step interview process. Unfortunately, there are usually more candidates who complete the interview process than the number of new positions that are available. As a result, cumulative GPA is used as a tie-breaker. GPAs for the successful interviewees are Normally distributed, with a mean of 3.3 and a standard deviation of 0.4. What percent of candidates have a GPA above 3.9?

• A)2.3%
• B)6.7%
• C)93.3%
• D)97.7%

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Definitions:

Co-Ownership

Co-Ownership is the joint ownership of property or assets by two or more parties, where each party holds an interest or stake in the shared ownership.

Joint Tenants

A form of co-ownership where parties own property equally with the right of survivorship.

Right of Survivorship

A legal principle in joint property ownership where, upon death, the deceased's share automatically transfers to the surviving owners.

Preliminary Order

An initial court order that sets conditions or arrangements in legal matters, often before a final decision is made.