Z-ScoresIn this assignment, you will study the usefulness of z-scores.Z-scores frighten many people at first, but once you understand them, you will find them useful and easy to calculate. They are us

Z-Scores

In this assignment, you will study the usefulness of z-scores.

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.

Using the Internet, research z-scores, their usefulness, and how they are calculated.

Consider the following scenario.

Scenario

Samantha Reed has been working at Company X for ten years as the human resources manager. She went to school with Mark Hall, who has had the same position at Company Y for the same amount of time. The companies are of a similar size and are located in different cities, but the cities have a similar cost of living. Reed and Hall got together at a class reunion, and Reed said she made $65,000 and was satisfied with that salary. Hall said he 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.

Task

Based on your research and the given scenario, complete the following tasks in a 2- to 3-page Microsoft Word document:

  • Calculate z-scores for the employees mentioned in the two companies.
  • Answer the following questions:
    • What would Hall be earning if he made a comparable amount (that is, he had the same z-score) as Reed? Make sure you show each step of your calculations.
    • Why do we use z-scores to make these types of determinations?

Submission Details:

  • Support your responses with examples.
  • Cite all sources in APA format.
  • Attach a Turnitin.com Report.

Show more







Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Enjoy 10% OFF today with the coupon code: save10