Note that you must complete both parts a. and b. to receive any marks for the remaining parts of this question. a. Complete the missing value in the following table. Round to at least FIVE decimals if necessary. Job Satisfaction Score Probability of Score 1 0.16 2 3 4 0.28 0.38 b. What is the expected job satisfaction score for this group of senior executives? Answer: Do NOT round your answer! c. What is the standard deviation of the job satisfaction score for this group of senior executives? Answer: Round to at least FIVE decimals if necessary d. Suppose a senior executive expects to earn an additional 4500 dollars per year for each job satisfaction score point. The executive also will receive a fixed 450 dollar yearly raise and will have an extra 400 dollar cost per year for living adjustment. What is the expected yearly earnings for this senior executive? Answer: S Round to at least FIVE decimals if necessary

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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Note that you must complete both parts a. and b. to receive any marks for the remaining parts of this question.
a. Complete the missing value in the following table. Round to at least FIVE decimals if necessary.
Job Satisfaction Score Probability of Score
1
0.16
2
3
4
0.28
0.38
b. What is the expected job satisfaction score for this group of senior executives?
Answer: Do NOT round your answer!
c. What is the standard deviation of the job satisfaction score for this group of senior executives?
Answer: Round to at least FIVE decimals if necessary
d. Suppose a senior executive expects to earn an additional 4500 dollars per year for each job satisfaction score point. The executive also will receive a fixed 450 dollar yearly raise
and will have an extra 400 dollar cost per year for living adjustment. What is the expected yearly earnings for this senior executive?
Answer: $ Round to at least FIVE decimals if necessary
Transcribed Image Text:Note that you must complete both parts a. and b. to receive any marks for the remaining parts of this question. a. Complete the missing value in the following table. Round to at least FIVE decimals if necessary. Job Satisfaction Score Probability of Score 1 0.16 2 3 4 0.28 0.38 b. What is the expected job satisfaction score for this group of senior executives? Answer: Do NOT round your answer! c. What is the standard deviation of the job satisfaction score for this group of senior executives? Answer: Round to at least FIVE decimals if necessary d. Suppose a senior executive expects to earn an additional 4500 dollars per year for each job satisfaction score point. The executive also will receive a fixed 450 dollar yearly raise and will have an extra 400 dollar cost per year for living adjustment. What is the expected yearly earnings for this senior executive? Answer: $ Round to at least FIVE decimals if necessary
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