The Telektronic Company hired 8 employees from a large pool of applicants with an equal number of
Question:
The Telektronic Company hired 8 employees from a large pool of applicants with an equal number of males and females. If the hiring is done without regard to sex, the numbers of females hired and the corresponding probabilities are as follows: 0 (0.004); 1 (0.031); 2 (0.109); 3 (0.219); 4 (0.273); 5 (0.219); 6 (0.109); 7 (0.031); 8 (0.004).
a. Does the given information describe a probability distribution?
b. Assuming that a probability distribution is described, find its mean and standard deviation.
c. Use the range rule of thumb to identify the range of values for usual numbers of females hired in such groups of eight.
d. If the most recent group of eight newly hired employees does not include any females, does there appear to be discrimination based on sex? Explain.
DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Step by Step Answer: