Grading managers. Many companies grade on a bell curve to compare theperformance of
Chapter 0, Problem 3.47(choose chapter or problem)
Grading managers. Many companies grade on a bell curve to compare theperformance of their managers and professional workers. This forces the use ofsome low performance ratings so that not all workers are listed as aboveaverage. Ford Motor Companys performance management process for atime assigned 10% A grades, 80% B grades, and 10% C grades to the companys 18,000 managers. Suppose that Fords performance scores really are Normallydistributed. This year, managers with scores less than 25 received Cs and thosewith scores above 475 received As. What are the mean and standard deviation ofthe scores?
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