document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=947708>Question 947708</A>: <I><SPAN STYLE=\"word-break: break-all;\"> If the salary for BBAs in marketing has a mean of $49,554 and standard deviation of $10,954 and the salary for BBAs in accounting has a mean of $48,715 and a standard deviation of $14,618, who is being paid more within their field, marketeers making $42,000 or accountants making $47,000? Show why. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #578342 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=578342\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> the mean for marketing is 49554 with a standard deviation of 10954.<BR>\n" );
document.write( "the mean for accounting is 48715 with a standard deviation of 14618.\r<BR>\n" );
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document.write( "marketeer makes 42000.<BR>\n" );
document.write( "accountant makes 47000.\r<BR>\n" );
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document.write( "z-score for marketeer = (42000 - 49554) / 10954 = -.69\r<BR>\n" );
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document.write( "z-score for accountant = (47000 - 48715) / 14618 = -.12\r<BR>\n" );
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document.write( "the accountant has the higher z-score so the accountant is doing better relative to the universe he is in.\r<BR>\n" );
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document.write( "the higher z-score means that his salary is greater than a higher percentage of his peers than the marketeer.\r<BR>\n" );
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document.write( "the actual percentile for the marketeer is .25<BR>\n" );
document.write( "the actual percentile for the accountant is .45\r<BR>\n" );
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document.write( "the marketeer is making more than 25% of his peers.<BR>\n" );
document.write( "the accountant is making more than 45% of his peers.\r<BR>\n" );
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