Problem related to hiring a person on bank

Assignment Help Basic Statistics

Reference no: EM1387530

Two people applied for the same job at a bank. The first person, Steve, took the National Banker's examination which has a mean of 600 and a standard deviation of 60. Steve scored a 630.

The second person, Mark, took a different exam called the Financial Advisor exam and scored a 540. The Financial Advisor exam has a mean of 500 and a standard deviation of 20. If the bank chooses to hire either Steve or Mark based solely on their exam performance, who is the bank more likely to hire? Show evidence for your answer.

Reference no: EM1387530

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