a. What is the expected value of the job satisfaction score for senior executives (to 2 decimals)? 4.05 b. What is the expected value of the job satisfaction score for middle managers (to 2 decimals)? 3.84 c. Compute the variance of job satisfaction scores for executives and middle managers (to 2 decimals). Executives 1.79 Middle managers 1.14 d. Compute the standard deviation of job satisfaction scores for both probability distributions (to 2 decimals). Executives 1.34 Middle managers 1.07 e. What comparison can you make about the job satisfaction of senior executives and middle managers? Senior executives have higher satisfaction with more variation
a. What is the expected value of the job satisfaction score for senior executives (to 2 decimals)? 4.05 b. What is the expected value of the job satisfaction score for middle managers (to 2 decimals)? 3.84 c. Compute the variance of job satisfaction scores for executives and middle managers (to 2 decimals). Executives 1.79 Middle managers 1.14 d. Compute the standard deviation of job satisfaction scores for both probability distributions (to 2 decimals). Executives 1.34 Middle managers 1.07 e. What comparison can you make about the job satisfaction of senior executives and middle managers? Senior executives have higher satisfaction with more variation
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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I have tried several different answers and can't figure out how I'm getting my variance wrong.

Transcribed Image Text:The following probability distributions of job satisfaction scores for a sample of information systems (IS) senior executives and middle managers range from a low of 1 (very dissatisfied) to a high of 5 (very satisfied).
Excel File: data05-21.xlsx
a. What is the expected value of the job satisfaction score for senior executives (to 2 decimals)?
4.05
b. What is the expected value of the job satisfaction score for middle managers (to 2 decimals)?
3.84
c. Compute the variance of job satisfaction scores for executives and middle managers (to 2 decimals).
Executives
1.79
Executives
Middle managers
d. Compute the standard deviation of job satisfaction scores for both probability distributions (to 2 decimals).
Job Satisfaction
Score
1
2
3
4
5
1.14
1.34
Middle managers
1.07
e. What comparison can you make about the job satisfaction of senior executives and middle managers?
Senior executives have higher satisfaction with more variation ✓
IS Senior
Executives
0.05
0.09
0.03
0.42
0.41
Probability
IS Middle
Managers
0.04
0.10
0.12
0.46
0.28
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