5. Using z-scores to compare different populationsThe 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:CountryAverage Monthly Salary(US dollars)Standard Deviation(US dollars)Original CurrencyBrazil$176$44.00realthe United States$2,729$818.60dollarChina$131$19.60yuanSlovakia$446$66.90korunaKuwait$1,576$472.80dinar 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.Countryz-score for $1,500 SalaryBrazil 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 will likely be the most pleased with the offer, because a salary of $1,500 per month for this country corresponds to the .?

Country Average Monthly Salary ( mean) Standard Deviation Original Currency Brazil…

Answered: r Statistics) or from the International…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.2: Representing Data

Problem 22PFA

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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 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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