Question

Carlos and Devon both accepted new jobs at different companies. Carlos's starting salary is $42,000 and...

Carlos and Devon both accepted new jobs at different companies. Carlos's starting salary is $42,000 and Devon's starting salary is $40,000. They are curious to know who has the better starting salary, when compared to the salary distributions of their new employers.

A website that collects salary information from a sample of employees for a number of major employers reports that Carlos's company offers a mean salary of $52,000 with a standard deviation of $8,000. Devon's company offers a mean salary of $48,000 with a standard deviation of $5,000.

Find the z-scores corresponding to each of their starting salaries. Round to two decimal places, if necessary.

Provide your answer below:

Carlos's z-score:  

Devon's z-score:  

0 0
Add a comment Improve this question Transcribed image text
Know the answer?
Add Answer to:
Carlos and Devon both accepted new jobs at different companies. Carlos's starting salary is $42,000 and...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • ssume that X, tandard deviation of $3,150. the starting salary offer for sociology majors, is normally...

    ssume that X, tandard deviation of $3,150. the starting salary offer for sociology majors, is normally distributed with a mean of $43,256 and a Use the following Distributions tool to help you answer the questions. (Note: To begin, click on the button in the lower left hand corner of the tool that displays the distribution and a single orange line.) Standard Normal Distribution Mean 0.0 Standard Deviation-1.0 -4 -3 -2 The probability that a randomly selected sociology major received a...

  • 4. Probability computations using the standard normal distribution Assume that x, the starting salary offer for...

    4. Probability computations using the standard normal distribution Assume that x, the starting salary offer for education majors, is normally distributed with a mean of $46,292 and a standard deviation of $4,320 Use the following Distributions tool to help you answer the questions. (Note: To begin, click on the button in the lower left hand corner of the tool that displays the distribution and a single orange line.) Standard Normal Distribution Mean 0.0 Standard Deviation-1.0 -2 .3 The probability that...

  • According to the National Association of Colleges and Employers, the 2015 man starting salary for new...

    According to the National Association of Colleges and Employers, the 2015 man starting salary for new college - $51.541. The man 2015 stating for new colega grein business was $33,001. Asume that starting sales normally distributed and that the des $11.000. Assume that the standard deviation for starting lanes for new college graduates in business $17,000. c) What the probability that a new college graduate in business wil eam a starting salary of at least 567.000 (Round your name to...

  • Part A: Suppose you work for a pharmaceutical company that is testing a new drug to...

    Part A: Suppose you work for a pharmaceutical company that is testing a new drug to treat ulcerative colitis. You conduct a random sample of 34 patients on the new drug and 14 of them indicated a decrease in symptoms since starting the drug regimen. You construct a 90% confidence interval for this proportion to be ( 0.2733 , 0.5502 ). What is the correct interpretation of this confidence interval? 1) We are certain that 90% of patients will be...

  • For my PSY230 course, I started a new practice of offering extra credit for making an...

    For my PSY230 course, I started a new practice of offering extra credit for making an appointment with the Statistics and Methods Lab. The goal is to help students feel more positive toward statistics through one-on-one assistance and therefore feel more comfortable in the course. In order to see if this new element was effective, I compared results from a statistics attitude survey given to my current class to the existing pool of past statistics attitude surveys from all my...

  • You are curious about the average number of yards Matthew Stafford throws for each game for...

    You are curious about the average number of yards Matthew Stafford throws for each game for the Detroit Lions. You randomly select 23 games and see that the average yards per game is 344.5 with a standard deviation of 27.8 yards. You want to create a 95% confidence interval for the true average number of yards per game he throws. What is the margin of error for this estimate? Question 1 options: 1) 1.5833 2) 5.7967 3) 12.0216 4) 9.9538...

  • Please read the article and answer about questions. You and the Law Business and law are...

    Please read the article and answer about questions. You and the Law Business and law are inseparable. For B-Money, the two predictably merged when he was negotiat- ing a deal for his tracks. At other times, the merger is unpredictable, like when your business faces an unexpected auto accident, product recall, or government regulation change. In either type of situation, when business owners know the law, they can better protect themselves and sometimes even avoid the problems completely. This chapter...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT