When an employee is being paid in the 4th quartile of a pay grade, it means that
(a) the employee is on the job with less than minimal qualifications
(b) the employee has performed in a superior manner for a sustained period of time
(c) the employee has consistently performed in an acceptable manner for at least two years
(d) the employee performs at a marginal level
b
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Indicate whether the statement is true or false
What is the probability that there are more than 3 breakdowns?
Two hundred simulation runs were completed using the probability of a machine breakdown from the table below. The average number of breakdowns from the simulation trials was 1.93 with a standard deviation of 0.20. No. of breakdowns per week Probability Cumulative probability 0 .10 .10 1 .25 .35 2 .36 .71 3 .22 .93 4 .07 1.00 A) .07 B) .10 C) .22 D) .25