out of 3 points This term refers to the distance of each salary figure from the

Out of 3 points this term refers to the distance of

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Question 19 3 out of 3 points This term refers to the distance of each salary figure from the mean. Answer  Selected Answer: Question 20
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3 out of 3 points What does it mean when the distribution of data is skewed to the right? Answer  Selected Answer: Question 21 3 out of 3 pointsThis BLS survey provides the quarterly measure of changes in labor and compensation costs, and is used as the principle economic indicator for the Federal Reserve. Answer  Selected Answer: Question 22 0 out of 3 points These are used as reference points for setting pay levels.
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Question 23 3 out of 3 pointsMarket lag policies are generally set to which quartile in the salary survey? 1st Question 24 3 out of 3 pointsAs of September 2010, U.S. companies spent approximately how much per employee fordiscretionary benefits? Question 25 0 out of 3 points
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Jose Escobar conducts a survey of salaries at UB2 Enterprises and finds that 50% of the workers fall below the market pay average of $32,000. In which quartile do the workers at ERL Enterprises fall? Question 26 0 out of 3 pointsThese are the two types of central tendency measures that are pertinent to compensation. Answer  Selected Answer: Question 27 3 out of 3 pointsCompanies pursuing a differentiation strategy are most likely to use which pay level policy?
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Question 28 0 out of 3 points In regression, what does it mean when the R2 = 1? Answer  Selected Answer: Question 29 0 out of 3 pointsSuppose that a compensation professional would like to calculate the median salary. He/she orders four salaries as follows: $20,000, $22,000, $24,000, $26,000. What is the median salary for this data set? Question 30 0 out of 3 points What does Quartile 3 represent?
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Friday, February 21, 2014 5:07:36 PM EST OK
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