Job Applicant Test Scores

question 76

Essay

Job Applicant Test Scores
A new manufacturing plant has 20 job openings. To select the best 20 applicants from among the 1000 job seekers, the plant's personnel office administers a written aptitude test to all applicants. The average score on the aptitude test is 150 points, with a standard deviation of 10 points. Assume the distribution of test scores is approximately mound-shaped.
-Refer to the Job Applicant Test Scores statement. One of the applicants scored 192 points on the test. What might you conclude about this test score?

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Definitions:

Internet

A global network of interconnected computer networks that use the standard Internet protocol suite (TCP/IP) to link billions of devices worldwide.

Profit-Maximizing

Profit-Maximizing refers to a company's goal of achieving the highest possible profit through adjusting production levels, pricing strategies, and other operational decisions.

Loss-Minimizing

A strategy or approach aimed at reducing losses to the lowest possible level under adverse conditions.

Total Revenue

The cumulative income produced from the primary business operations of a company, manifesting from goods or service sales.