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What Is the Estimate for Utility Given the Following Information

Question 24

Multiple Choice

What is the estimate for utility given the following information? Training has a continued effect on performance for 3 years; the number of people trained is 100; the true difference in job performance between the average trained and untrained employee in standard deviation units is 1.5; the standard deviation of job performance is $50; and the cost of training each employee is $100.


A) $10,000
B) $12,500
C) $22,500
D) $52,500

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