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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 computer programmers. She begins her analysis by converting all of the salary data into U.S. dollars. | Average monthly Salary in U.S. Standard Deviation (in U.S. Country Original Currency dollars dollars) $467.20 $220.20 Italy $1,557 euro Hungary $1,468 forint Czech Republic $1,059 $158.80 koruna U.S $4,141 $1,242.20 dollar Latvia $790 $118.60 lat To appreciate the differences among the countries, she calculates the z-scores for a computer programmer making $1,500 per month. What is the z-score for each country?

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 computer programmers. She begins her analysis by converting all of the salary data into U.S. dollars. | Average monthly Salary in U.S. Standard Deviation (in U.S. Country Original Currency dollars dollars) $467.20 $220.20 Italy $1,557 euro Hungary $1,468 forint Czech Republic $1,059 $158.80 koruna U.S $4,141 $1,242.20 dollar Latvia $790 $118.60 lat To appreciate the differences among the countries, she calculates the z-scores for a computer programmer making $1,500 per month. What is the z-score for each country?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 27PPS
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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 U.S. 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 computer programmers. She begins her analysis by converting all of the salary data into U.S. dollars. | Average monthly Salary in U.S. Standard Deviation (in U.S. dollars) Country Original Currency dollars Italy $1,557 $467.20 euro Hungary $1,468 $220.20 forint Czech Republic $1,059 $158.80 koruna U.S $4,141 $1,242.20 dollar Latvia $790 $118.60 lat To appreciate the differences among the countries, she calculates the z-scores for a computer programmer making $1,500 per month. What is the z-score for each country? Italy: Hungary: Czech Republic: U.S: Latvia:
Transcribed Image Text: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 U.S. 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 computer programmers. She begins her analysis by converting all of the salary data into U.S. dollars. | Average monthly Salary in U.S. Standard Deviation (in U.S. dollars) Country Original Currency dollars Italy $1,557 $467.20 euro Hungary $1,468 $220.20 forint Czech Republic $1,059 $158.80 koruna U.S $4,141 $1,242.20 dollar Latvia $790 $118.60 lat To appreciate the differences among the countries, she calculates the z-scores for a computer programmer making $1,500 per month. What is the z-score for each country? Italy: Hungary: Czech Republic: U.S: Latvia:
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