After post-graduate study, Mike found a job as HR analyst in London. The company is currently recruiting Chief Marketing Officer. The HR department recently sent out a knowledge test to the applicants after the initial CV screening. At this stage of selection, the company does not invite the lowest scoring 30% back for the next face-to-face interview. According to the historical data, the test scores on this test are normally distributed and has a mean of 70 with standard deviation of 10. What mark (to the nearest whole number) must a candidate achieve in order to secure an interview? 2. How much is the 95% confidence interval for the test scores?
Continuous Probability Distributions
Probability distributions are of two types, which are continuous probability distributions and discrete probability distributions. A continuous probability distribution contains an infinite number of values. For example, if time is infinite: you could count from 0 to a trillion seconds, billion seconds, so on indefinitely. A discrete probability distribution consists of only a countable set of possible values.
Normal Distribution
Suppose we had to design a bathroom weighing scale, how would we decide what should be the range of the weighing machine? Would we take the highest recorded human weight in history and use that as the upper limit for our weighing scale? This may not be a great idea as the sensitivity of the scale would get reduced if the range is too large. At the same time, if we keep the upper limit too low, it may not be usable for a large percentage of the population!
After post-graduate study, Mike found a job as HR analyst in London. The company is currently recruiting Chief Marketing Officer. The HR department recently sent out a knowledge test to the applicants after the initial CV screening. At this stage of selection, the company does not invite the lowest scoring 30% back for the next face-to-face interview. According to the historical data, the test scores on this test are
- What mark (to the nearest whole number) must a candidate achieve in order to secure an interview?
2. How much is the 95% confidence interval for the test scores?
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