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The International Average Salary Income Database provides a comparison of average salaries for various professions. Suppose an organizational psychologist is interested in the relationships between job satisfaction, job performance and job compensation. She has data for five different counties on the average monthly salaries paid to computer programmers. To appreciate the differences among the countries, she calculates the z- scores for a computer programmer making $1500 per month. Compute the z-score 1. Z-Score for $1500 salary Country Average Monthly Salary in US dollars in US dollars $1557 $1468 $1059 $4141 $790 Standard Deviation Italy Hungary Czech Republic United States $467.20 $220.20 $158.80 $1242.20 $118.60 Latvia 2. Suppose a computer programmer in each of the five countries listed is offered a salary of $1500 per month. Using the z-scores and assuming that computer programmer prefers a salary that has a higher relative value, the computer programmer from what country will likely be the most pleased with the offer?

The International Average Salary Income Database provides a comparison of average salaries for various professions. Suppose an organizational psychologist is interested in the relationships between job satisfaction, job performance and job compensation. She has data for five different counties on the average monthly salaries paid to computer programmers. To appreciate the differences among the countries, she calculates the z- scores for a computer programmer making $1500 per month. Compute the z-score 1. Z-Score for $1500 salary Country Average Monthly Salary in US dollars in US dollars $1557 $1468 $1059 $4141 $790 Standard Deviation Italy Hungary Czech Republic United States $467.20 $220.20 $158.80 $1242.20 $118.60 Latvia 2. Suppose a computer programmer in each of the five countries listed is offered a salary of $1500 per month. Using the z-scores and assuming that computer programmer prefers a salary that has a higher relative value, the computer programmer from what country will likely be the most pleased with the offer?

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 23PPS
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The International Average Salary Income Database provides a comparison of average salaries for various professions. Suppose an organizational psychologist is interested in the relationships between job satisfaction, job performance and job compensation. She has data for five different counties on the average monthly salaries paid to computer programmers. To appreciate the differences among the countries, she calculates the z- scores for a computer programmer making $1500 per month. Compute the z-score 1. Z-Score for $1500 salary Country Average Monthly Salary in US dollars in US dollars $1557 $1468 $1059 $4141 $790 Standard Deviation Italy Hungary Czech Republic United States $467.20 $220.20 $158.80 $1242.20 $118.60 Latvia 2. Suppose a computer programmer in each of the five countries listed is offered a salary of $1500 per month. Using the z-scores and assuming that computer programmer prefers a salary that has a higher relative value, the computer programmer from what country will likely be the most pleased with the offer?
Transcribed Image Text:The International Average Salary Income Database provides a comparison of average salaries for various professions. Suppose an organizational psychologist is interested in the relationships between job satisfaction, job performance and job compensation. She has data for five different counties on the average monthly salaries paid to computer programmers. To appreciate the differences among the countries, she calculates the z- scores for a computer programmer making $1500 per month. Compute the z-score 1. Z-Score for $1500 salary Country Average Monthly Salary in US dollars in US dollars $1557 $1468 $1059 $4141 $790 Standard Deviation Italy Hungary Czech Republic United States $467.20 $220.20 $158.80 $1242.20 $118.60 Latvia 2. Suppose a computer programmer in each of the five countries listed is offered a salary of $1500 per month. Using the z-scores and assuming that computer programmer prefers a salary that has a higher relative value, the computer programmer from what country will likely be the most pleased with the offer?
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