New Year Special Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: cramtick70

C3E Quantitative Principles in Compensation Management Questions and Answers

Questions 4

A survey shows the average pay for senior accounting clerks is 1,570/mth. Your midpoint for senior-accounting clerks is 1,670 and the average actual pay is 1,550. What is your compa-ratio for accounting clerks? What is your market index?

Options:

A.

.928 compa, .987 market

B.

.928 compa, 1.064 market

C.

.987 compa, 1.064 market

D.

.987 compa, 1.013 market

Buy Now
Questions 5

What is the median of the following data?

7, 17, 3, 19, 13, 9, 7

Options:

A.

7

B.

9

C.

13

D.

11

Buy Now
Questions 6

In order to satisfy ordinal level data requirements, you must be able to do which of the following?

Options:

A.

Have a true zero

B.

Have a constant interval from point to point

C.

Be able to meaningfully arrange the data in rank order

D.

Be able to establish ratios

Buy Now
Questions 7

If the minimum is 2,000 and the desired range spread is 40%, what is the midpoint?

Options:

A.

2,000

B.

2,300

C.

2,400

D.

2,800

Buy Now
Questions 8

For the same problem set, what should your organization pay for an entry-level production-manual editor, a job that has been determined to be worth 500 job evaluation points. y = 15000 + 50x

Options:

A.

50,000

B.

15,000

C.

25,000

D.

40,000

Buy Now
Exam Code: C3E
Exam Name: Quantitative Principles in Compensation Management
Last Update: Dec 26, 2024
Questions: 54
C3E pdf

C3E PDF

$25.5  $84.99
C3E Engine

C3E Testing Engine

$30  $99.99
C3E PDF + Engine

C3E PDF + Testing Engine

$40.5  $134.99