Employee referrals have a high yield ratio for a particular job. This means it:
A) is a good source of recruitment for the job.
B) is not a good source of recruitment for the job.
C) is a costly source of recruitment for the job.
D) is a source of recruitment that is difficult to access.
E) cannot be used for recruiting inexperienced professionals.
Ans: A) is a good source of recruitment for the job.
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The tread life of a particular brand of tire is a random variable best described by a normal distribution with a mean of 60,000 miles and a standard deviation of 1400 miles. What warranty should the company use if they want 96% of the tires to outlast the warranty?
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