The following probability distributions of job satisfaction scores for a sample of information systems (IS) senior executives range from a low of 1 (very dissatisfied) to a high of 5 (very satisfied). Excel File: data05-21.xlsx Job Satisfaction Score 123 45 Executives 5 Middle managers IS Senlor Executives 0.05 0.09 0.03 0.42 0.41 Probability a. What is the expected value of the job satisfaction score for senior executives (to 2 decimals)? IS Middle Managers 0.04 0.10 0.12 0.46 0.28 b. What is the expected value of the job satisfaction score for middle managers (to 2 decimals)? c. Compute the variance of job satisfaction scores for executives and middle managers (to 2 decimals).
The following probability distributions of job satisfaction scores for a sample of information systems (IS) senior executives range from a low of 1 (very dissatisfied) to a high of 5 (very satisfied). Excel File: data05-21.xlsx Job Satisfaction Score 123 45 Executives 5 Middle managers IS Senlor Executives 0.05 0.09 0.03 0.42 0.41 Probability a. What is the expected value of the job satisfaction score for senior executives (to 2 decimals)? IS Middle Managers 0.04 0.10 0.12 0.46 0.28 b. What is the expected value of the job satisfaction score for middle managers (to 2 decimals)? c. Compute the variance of job satisfaction scores for executives and middle managers (to 2 decimals).
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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Transcribed Image Text:ssignment
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e
The following probability distributions of job satisfaction scores for a sample of information systems (IS) senior executives and middle manager
range from a low of 1 (very dissatisfied) to a high of 5 (very satisfied).
Excel File: data05-21.xlsx
Job Satisfaction
Score
723 45
IS Senlor
Executives
0.05
0.09
0.03
0.42
0.41
Executives
Probability
IS Middle
Managers
0.04
0.10
0.12
0.46
0.28
a. What is the expected value of the job satisfaction score for senior executives (to 2 decimals)?
b. What is the expected value of the job satisfaction score for middle managers (to 2 decimals)?
c. Compute the variance of job satisfaction scores for executives and middle managers (to 2 decimals).
Middle managers
d. Compute the standard deviation of job satisfaction scores for both probability distributions (to 2 decimals).
Sep 13

Transcribed Image Text:d. Compute the standard deviation of job satisfaction scores for both probability distributions (to 2 decimals).
Executives
Middle managers
e. What comparison can you make about the job satisfaction of senior executives and middle managers?
- Select your answer -
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Exercise 05.21 (Expected Value and Variance)
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