15. You have 2 individuals who are doing outstanding work in their areas of a co

Question

15. You have 2 individuals who are doing outstanding work in their areas of a company you must determine where the end of the year bonus money goes. The necessary data to make a determination is listed below. Make a determination about the bonus and show/explain why. (4pts) Department Manager Average Rate of Profit .15 (15%) Standard deviation .016 Shipping Department Worker Average units shipped per day 400 Standard deviation-12 Worker' s units shipped-418 Manager's Profit Rate , 19 (19%) 16 Create 3 nrohleme (tuit

Explanation / Answer

Since we have both the data with their respective standards we need to bring them on one scale

Here so we convert both the data to standard normal distribution and find the z value

The formula for z=(Xbar-mu)/sd

Department Manager

z=(Xbar-mu)/sd

z=(0.19-0.15)/0.016

= 2.5

Shipping department worker

z=(Xbar-mu)/sd

=(418-400)/7.2

=2.5

Since the z value for both the departments are same we are indifferent between the choice for departments.

Hope the above answer has helped you in understanding the problem. Please upvote the ans if it has really helped you. Good Luck!!

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