The Normal distribution curve to the right displays the distribution of grades given to managers based on management performance at Ford. Of the large population of Ford managers, 10% were given A grades, 80% were given B grades, and 10% were given C grades. A’s were given to those who scored 380 or higher and C’s were given to those who scored 160 or lower. Suppose the company adds grades D and F so there are 5 categories to grade performance. If they want to give A’s only to those in the top 3%, what performance score must a manager exceed to get an A?
The Normal distribution curve to the right displays the distribution of grades given to managers based on management performance at Ford. Of the large population of Ford managers, 10% were given A grades, 80% were given B grades, and 10% were given C grades. A’s were given to those who scored 380 or higher and C’s were given to those who scored 160 or lower. Suppose the company adds grades D and F so there are 5 categories to grade performance. If they want to give A’s only to those in the top 3%, what performance score must a manager exceed to get an A?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The Normal distribution curve to the right displays the distribution of grades given to managers based on management performance at Ford. Of the large population of Ford managers, 10% were given A grades, 80% were given B grades, and 10% were given C grades. A’s were given to those who scored 380 or higher and C’s were given to those who scored 160 or lower.
Suppose the company adds grades D and F so there are 5 categories to grade performance. If they want to give A’s only to those in the top 3%, what performance score must a manager exceed to get an A?
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