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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whats the z-score?

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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