Homework SourseZscores frighten many people at first but once you understan
Z-scores frighten many people at first, but once you understand them, you will find them useful and easy to calculate. They are useful in many situations. Read the following, and calculate z-scores for the women in the two companies, then answer the question. Samantha has been working at Company X for 10 years as the Human Resources manager. She went to school with Yilin, who has had the same position job at Company Y for the same amount of time. The companies are a similar size and are located in different cities, but the cities have a similar cost of living. Samantha and Yilin got together at a class reunion, and Samantha said she made $65,000 and was satisfied with that salary. Yilin said she also made $65,000 but complained and felt underpaid. The mean manager salary at Company X is $70,000 with a standard deviation of $5,000. At Company Y, the mean manager salary is $72,000 and the standard deviation is $1000. What would Yilin be earning if she made a comparable amount (that is, she had the same z-score) as Samantha?
Z-scores frighten many people at first, but once you understand them, you will find them useful and easy to calculate. They are useful in many situations. Read the following, and calculate z-scores for the women in the two companies, then answer the question. Samantha has been working at Company X for 10 years as the Human Resources manager. She went to school with Yilin, who has had the same position job at Company Y for the same amount of time. The companies are a similar size and are located in different cities, but the cities have a similar cost of living. Samantha and Yilin got together at a class reunion, and Samantha said she made $65,000 and was satisfied with that salary. Yilin said she also made $65,000 but complained and felt underpaid. The mean manager salary at Company X is $70,000 with a standard deviation of $5,000. At Company Y, the mean manager salary is $72,000 and the standard deviation is $1000. What would Yilin be earning if she made a comparable amount (that is, she had the same z-score) as Samantha?
Z-scores frighten many people at first, but once you understand them, you will find them useful and easy to calculate. They are useful in many situations. Read the following, and calculate z-scores for the women in the two companies, then answer the question. Samantha has been working at Company X for 10 years as the Human Resources manager. She went to school with Yilin, who has had the same position job at Company Y for the same amount of time. The companies are a similar size and are located in different cities, but the cities have a similar cost of living. Samantha and Yilin got together at a class reunion, and Samantha said she made $65,000 and was satisfied with that salary. Yilin said she also made $65,000 but complained and felt underpaid. The mean manager salary at Company X is $70,000 with a standard deviation of $5,000. At Company Y, the mean manager salary is $72,000 and the standard deviation is $1000. What would Yilin be earning if she made a comparable amount (that is, she had the same z-score) as Samantha?
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