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?
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
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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