The International Average Salary Income Database provides a comparison of averag

Question

The International Average Salary Income Database provides a comparison of average salaries for various professions The data are gathered from publications and reports obtained directly from government agencies (such as the U.S. Bureau of Labor Statistics) or from the International Labour Organization. Suppose an industrial/organizational psychologist is interested in the relationships between job satisfaction, job performance, and job compensation. She has data from five different countries on the average monthly salaries paid to computer programmers. She begins her analysis by converting all of the salary data into U.S. dollars Average Standard Monthly Salary Deviation Original (U.S. dollars) (U.S. dollars) Currency Country Brazil the United States China Slovakia Kuwait $1,240 $4,141 $252 $692 $1,454 $310.00 1,242.20 dollar $37.80 103.80 koruna $436.20 real yuan To appreciate the differences among the countries, she calculates the z-scores for a computer programmer making $1,500 per month. Use the dropdown menus to complete the following table z-score for Country Brazil the United States China Slovakia Kuwait $1,500 Salary Suppose a computer programmer in each of the five countries listed is offered a salary of $1,500 per month. Using the z-scores and assuming that the computer programmer prefers a salary that has a higher relative value, the computer will likely be the most pleased with the offer, because a salary of $1,500 per month for this country corresponds to the

Explanation / Answer

For Brazil,
z = (1500 - 1240)/310 = 0.8387

For US,
z = (1500 - 4141)/1242.2 = -2.1261

For China,
z = (1500 - 252)/37.8 = 33.0159

For Slovakia,
z = (1500 - 692)/103.8 = 7.7842

For Kuwait,
z = (1500 - 1454)/436.2 = 0.1055

The computer programmer from China will likely be the most pleased with the offer, because a salary of $1500 per month for this country corresponds to the z-score of 33

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