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 #578372 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=578372\">put this solution on YOUR website!</A><BR><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, marketers making $42,000 or accountants making $47,000? Show why.<BR>\n" );
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document.write( "Who has the higher z-score<BR>\n" );
document.write( "Marketer BBAs:: z(42000) = (42000-49554)/10954 = -0.6896<BR>\n" );
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document.write( "Accountant BBAs:: z(47000)= (47000-48715)/14618 = -0.1173<BR>\n" );
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document.write( "Ans:: -0.6896 < -0.1173<BR>\n" );
document.write( "Ans: Marketer's salaries are further below their mean<BR>\n" );
document.write( "Ans: Accountants making $47000 are paid more.<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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