Question: 4. Your company collects performance data (using a 10 point scale). Historically, the average score of a mid-level manager is 7.8 with a population ()

4. Your company collects performance data (using a 10 point scale). Historically, the average score of a mid-level manager is 7.8 with a population () of .88. You company policy is to: a. Identify for development/training those employees with an average rating within 60-75% of the observations. What are the top and bottom averages that form this band? [Use Excels Norm.Inv with probabilities .60 and .75]. b. Identify for possible promotion the top 10% of the observations. What is the lowest average in the top 10%, that is, employees scoring in the highest 10% will have an average evaluation score of at least what? c. Identify for performance improvement plans the bottom 30% of evaluations. What score, or lower, will place employees in this situation? d. You receive three evaluations: John scores 7.0 on average; Sally 8.0, and Sue, 9.0. What recommendations do you make for their development?

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