4. Referring to the data, how many regions are above the 80th percentile of the nominal wage? A. 3 B. 4 C. 5 D. 6 5. Find the 34th percentile of the nominal wage. Interpret the result. A. 320; 34% of the scores falls below 320 B. 316; 34% of the scores falls below 316 C. 315; 34% of the scores falls below 315 D. 340, 34% of the scores falls below 340 6. Find the sample standard deviation of the nominal wage and real wage, respectively A. 3543.24:2759.38 B. 57.75; 50.96 C. 59.53; 52.53 D. 3334.81; 2597.06

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Real wage is a wage deflated by the current consumer price index. It gives information on
how much current wage compares to the wage of given base year period. Real wage is
obtained by dividing the nominal wage by the current Consumer Price Index (CPI) of a
given month multiplied by 100.
The table below presents the real wage and nominal wage of non-agriculture
workers in the Philippines as of December 2019 by region.
Region
CPI
Real Wage
Nominal Wage
537.00
NCR
119.8
448.25
CAR
350.00
120.4
290.70
1
340.00
120.9
281.22
360.00
122.8
293.16
400.00
120.7
331.40
400.00
120.4
332.23
320.00
124.1
257.86
310.00
123.9
250.20
395.00
123.2
320.62
386.00
125.2
308.31
315.00
125.7
250.60
316.00
126.1
250.59
365.00
125.7
290.37
396.00
122.3
323.79
311.00
125.1
248.60
320.00
121.2
264.03
280.00
127.9
218.92
II
IV-A
IV-B
V
VI
VII
VIII
IX
X
XI
XII
CARAGA
ARMM
Transcribed Image Text:Real wage is a wage deflated by the current consumer price index. It gives information on how much current wage compares to the wage of given base year period. Real wage is obtained by dividing the nominal wage by the current Consumer Price Index (CPI) of a given month multiplied by 100. The table below presents the real wage and nominal wage of non-agriculture workers in the Philippines as of December 2019 by region. Region CPI Real Wage Nominal Wage 537.00 NCR 119.8 448.25 CAR 350.00 120.4 290.70 1 340.00 120.9 281.22 360.00 122.8 293.16 400.00 120.7 331.40 400.00 120.4 332.23 320.00 124.1 257.86 310.00 123.9 250.20 395.00 123.2 320.62 386.00 125.2 308.31 315.00 125.7 250.60 316.00 126.1 250.59 365.00 125.7 290.37 396.00 122.3 323.79 311.00 125.1 248.60 320.00 121.2 264.03 280.00 127.9 218.92 II IV-A IV-B V VI VII VIII IX X XI XII CARAGA ARMM
4. Referring to the data, how many regions are above the 80th percentile of the nominal
wage?
A. 3
B. 4
C. 5
D. 6
5. Find the 34th percentile of the nominal wage. Interpret the result.
A.
320; 34% of the scores falls below 320
B. 316; 34% of the scores falls below 316
C. 315; 34% of the scores falls below 315
D. 340; 34% of the scores falls below 340
6. Find the sample standard deviation of the nominal wage and real wage, respectively
A. 3543.24,2759.38
B. 57.75; 50.96
C. 59.53; 52.53
D. 3334.81; 2597.06
Transcribed Image Text:4. Referring to the data, how many regions are above the 80th percentile of the nominal wage? A. 3 B. 4 C. 5 D. 6 5. Find the 34th percentile of the nominal wage. Interpret the result. A. 320; 34% of the scores falls below 320 B. 316; 34% of the scores falls below 316 C. 315; 34% of the scores falls below 315 D. 340; 34% of the scores falls below 340 6. Find the sample standard deviation of the nominal wage and real wage, respectively A. 3543.24,2759.38 B. 57.75; 50.96 C. 59.53; 52.53 D. 3334.81; 2597.06
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