Question

Example: Two graduate students: accounting major gets job offer for S 35000 advertising major gets job offer for S 33000 other students of accounting: V - 34500 and s advertising: y- 32500 and s- 1000 -1500 Based on their own 2-score, who do you think is happier about his/her job offer?

Answer 1

For the accounting major student, the z score is

$\dpi{150} z= (35000-\overline{y})/s= (35000-34500)/1500=0.3333$

And the z score for the advertising major student is

$\dpi{150} z= (33000-\overline{y})/s= (33000-32500)/1000=0.5$

Since, both have positive z score and 0.3333 < 0.5, advertising major student is expected to be happier for his job offer.