Question: 3.54 Grading managers. In Exercise 3.44, we saw that Ford Motor Company once graded its managers in such a way that the top 10% received
3.54 Grading managers. In Exercise 3.44, we saw that Ford Motor Company once graded its managers in such a way that the top 10% received an A grade, the bottom 10% a C, and the middle 80% a B. Let's suppose that performance scores follow a Normal distribution. How many standard deviations above and below the mean do the A/B and B/C cutoffs lie? (Use the standard Normal distribution to answer this question.)
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