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?
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?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
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?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc986dad1-2077-41b8-be02-c1e5d7bb26a2%2F09c25d97-0c62-4c14-b4e3-e2e9f59dd266%2Ftmd38l.jpeg&w=3840&q=75)
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?
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Recommended textbooks for you
![MATLAB: An Introduction with Applications](https://www.bartleby.com/isbn_cover_images/9781119256830/9781119256830_smallCoverImage.gif)
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
![Probability and Statistics for Engineering and th…](https://www.bartleby.com/isbn_cover_images/9781305251809/9781305251809_smallCoverImage.gif)
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
![Statistics for The Behavioral Sciences (MindTap C…](https://www.bartleby.com/isbn_cover_images/9781305504912/9781305504912_smallCoverImage.gif)
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
![MATLAB: An Introduction with Applications](https://www.bartleby.com/isbn_cover_images/9781119256830/9781119256830_smallCoverImage.gif)
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
![Probability and Statistics for Engineering and th…](https://www.bartleby.com/isbn_cover_images/9781305251809/9781305251809_smallCoverImage.gif)
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
![Statistics for The Behavioral Sciences (MindTap C…](https://www.bartleby.com/isbn_cover_images/9781305504912/9781305504912_smallCoverImage.gif)
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
![Elementary Statistics: Picturing the World (7th E…](https://www.bartleby.com/isbn_cover_images/9780134683416/9780134683416_smallCoverImage.gif)
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
![The Basic Practice of Statistics](https://www.bartleby.com/isbn_cover_images/9781319042578/9781319042578_smallCoverImage.gif)
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
![Introduction to the Practice of Statistics](https://www.bartleby.com/isbn_cover_images/9781319013387/9781319013387_smallCoverImage.gif)
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman