he International Average Salary Income Database provides a comparison of average salaries for various professions. The data are gathered from publications and reports obtained directly from government agencies (such as the US Bureau of Labor Statistics) or from the International Labour Organization. Suppose an industrial/organizational psychologist is interested in the relationships between job satisfaction, job performance, and job compensation. She has data from five different countries on the average monthly salaries paid to firefighters. She begins her analysis by converting all of the salary data into US dollars: Country Average Monthly Salary(US dollars) Standard Deviation(US dollars) Original Currency Brazil $176 $44.00 real the United States $2,729 $818.60 dollar China $131 $19.60 yuan Slovakia $446 $66.90 koruna Kuwait $1,576 $472.80 dinar To appreciate the differences among the countries, she calculates the z-scores for a firefighter making $1,500 per month. Use the dropdown menus to complete the following table. Country z-score for $1,500 Salary Brazil ? the United States ? China ? Slovakia ? Kuwait ? Suppose a firefighter in each of the five countries listed is offered a salary of $1,500 per month. Using the z-scores and assuming that the firefighter prefers a salary that has a higher relative value, the firefighter from (solvoakia, brazil or china? )will likely be the most pleased with the offer, because a salary of $1,500 per month for this country corresponds to the ?
he International Average Salary Income Database provides a comparison of average salaries for various professions. The data are gathered from publications and reports obtained directly from government agencies (such as the US Bureau of Labor Statistics) or from the International Labour Organization. Suppose an industrial/organizational psychologist is interested in the relationships between job satisfaction, job performance, and job compensation. She has data from five different countries on the average monthly salaries paid to firefighters. She begins her analysis by converting all of the salary data into US dollars: Country Average Monthly Salary(US dollars) Standard Deviation(US dollars) Original Currency Brazil $176 $44.00 real the United States $2,729 $818.60 dollar China $131 $19.60 yuan Slovakia $446 $66.90 koruna Kuwait $1,576 $472.80 dinar To appreciate the differences among the countries, she calculates the z-scores for a firefighter making $1,500 per month. Use the dropdown menus to complete the following table. Country z-score for $1,500 Salary Brazil ? the United States ? China ? Slovakia ? Kuwait ? Suppose a firefighter in each of the five countries listed is offered a salary of $1,500 per month. Using the z-scores and assuming that the firefighter prefers a salary that has a higher relative value, the firefighter from (solvoakia, brazil or china? )will likely be the most pleased with the offer, because a salary of $1,500 per month for this country corresponds to the ?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section: Chapter Questions
Problem 8SGR
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5. Using z-scores to compare different populations
The International Average Salary Income Database provides a comparison of average salaries for various professions. The data are gathered from publications and reports obtained directly from government agencies (such as the US Bureau of Labor Statistics) or from the International Labour Organization.
Suppose an industrial/organizational psychologist is interested in the relationships between job satisfaction, job performance, and job compensation. She has data from five different countries on the average monthly salaries paid to firefighters. She begins her analysis by converting all of the salary data into US dollars:
Country
|
Average Monthly Salary(US dollars)
|
Standard Deviation(US dollars)
|
Original Currency
|
---|---|---|---|
Brazil | $176 | $44.00 | real |
the United States | $2,729 | $818.60 | dollar |
China | $131 | $19.60 | yuan |
Slovakia | $446 | $66.90 | koruna |
Kuwait | $1,576 | $472.80 | dinar |
To appreciate the differences among the countries, she calculates the z-scores for a firefighter making $1,500 per month. Use the dropdown menus to complete the following table.
Country
|
z-score for $1,500 Salary
|
---|---|
Brazil | ? |
the United States | ? |
China | ? |
Slovakia | ? |
Kuwait | ? |
Suppose a firefighter in each of the five countries listed is offered a salary of $1,500 per month. Using the z-scores and assuming that the firefighter prefers a salary that has a higher relative value, the firefighter from (solvoakia, brazil or china? )will likely be the most pleased with the offer, because a salary of $1,500 per month for this country corresponds to the ?
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