A high-profile consulting company chooses its new entry-level employees from a pool of recent college graduates using a five-step interview process. Unfortunately, there are usually more candidates who complete the interview process than the number of new positions that are available. As a result, cumulative GPA is used as a tie-breaker. GPAs for the successful interviewees are Normally distributed, with a mean of 3.3 and a standard deviation of 0.4. Out of the163 people who made it through the interview process, only 121 can be hired. What cut-off GPA should the company use?
A)3.00
B)3.04
C)3.08
D)3.12

Question

Quizplus · Accepted Answer

The Answer of A high-profile consulting company chooses its new entry-level employees from a pool of recent college graduates using a five-step interview process. Unfortunately, there are usually more candidates who complete the interview process than the number of new positions that are available. As a result, cumulative GPA is used as a tie-breaker. GPAs for the successful interviewees are Normally distributed, with a mean of 3.3 and a standard deviation of 0.4. Out of the163 people who made it through the interview process, only 121 can be hired. What cut-off GPA should the company use?
A)3.00
B)3.04
C)3.08
D)3.12

A High-Profile Consulting Company Chooses Its New Entry-Level Employees from a Pool