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BusinessWeek surveyed students who finished their 30 studies in a master's program (BusinessWeek, September 22 2003). According to this survey, the average annual salary of a woman and a man 10 years after completing their studies is $ 117.000 and $ 168.000, respectively. Consider these amounts as means populations of wages of a woman and a man. Suppose the population standard deviation between the wages of women is $ 25,000 and between the wages of men is $ 40,000. With this information: a) What is the probability that a simple random sample of 40 men the sample mean does not differ more than $ 10,000 average Population of $ 168.000? b) What is the probability that a simple random sample of 40 the sample mean women do not differ more than $ 10,000 average Population of $ 117.000? c) Which of the two cases a) and b) are more likely to get a sample mean not differ by more than $ 10,000 from the population mean? Why? d) What is the probability that a simple random sample of 100 men, the sample mean does not differ by more than $ 4,000 average Population? Note: since the size of populations is not known assume they are endless.
What are some of the negatives associated with social motives in an organization? Give an example with which you are familiar.
Consolidated Stores is undergoing a unionization campaign. Prior to the union election, management states that the union is unnecessary to protect workers. Management also provides bonuses and wage increases to the workers during this period. What ar..
Suppose which standard deviation of process distribution is 5.77. If specifications for access time are 500 ± 18 sec., is process capable? Why or why not? Assume three-sigma quality.
In reading the class responses in week one, discuss the alignment of University values with your personal values and those of the broader environment. What values most resonate with the way you think about your education as well as the values that be..
Continuous Quality Improvement (CQI) is a management philosophy and a management method. Identify and explain the philosophical and methodological characteristics of CQI. Select the characteristic you find most valuable and explain why.
As a top executive, the only agency relationship I am concerned about is the one between myself and the firm's owners. I think that it would be a waste of my time and energy to worry about any other agency relationships."
Brenda is purchasing agent for Commodities Corp. Dennis, a Commodities corporate officer, gave Brenda written authority to buy for Commodities Corporation as many computers and support devices as necessary. Is Commodities liable to E-Products under t..
Consider the Project Contracting Case. The fact that the established incentive plan did not fit with current strategic thrusts is obvious. This resulted in significant problems for company X. Yet, a change management plan was not easy to develop. ..
As we try to identify the various key union and/or management strategies at play, do these events at different times in the same industry give us any insight into what those strategies might be? Everyone - What do you think?
This final project paper will utilize many of the sections of material you have studied during the duration of this course. You will make use of your own personal observations and occupational experiences to enhance both quality and quantity of th..
Identify three of the criminal penalties that can be charged under the Sarbanes-Oxley Act. How do these sections of the Sarbanes-Oxley Act promote ethical behavior by corporations?
Virtual organizations located on the student website. An organization with which you are familiar. Write a 700- to 1,050-word paper in which you explain operation management's role in business today. Comprise the following:
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