MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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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 US dollars:
Country
|
Average Monthly Salary(US dollars)
|
Standard Deviation(US dollars)
|
Original Currency
|
---|---|---|---|
Italy | $1,557 | $467.20 | euro |
Hungary | $1,468 | $220.20 | forint |
the Czech Republic | $1,059 | $158.80 | koruna |
the United States | $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. Use the dropdown menus to complete the following table.
Country
|
z-score for $1,500 Salary
|
---|---|
Italy | |
Hungary | |
the Czech Republic | |
the United States | |
Latvia |
Suppose a computer programmer in each of the five countries listed is offered a salary of $1,500 per month. Using the z-scores and assuming that the computer programmer prefers a salary that has a higher relative value, the computer programmer from will likely be the most pleased with the offer, because a salary of $1,500 per month for this country corresponds to the
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