Suppose that two graduating seniors, one a marketing major and one an accounting major, are comparing job offers. The accounting major has an offer for $55,000 per year, and the marketing student has an offer for $53,000 per year. Summary information about the distribution of offers is given below. Accounting: mean = 56,000 standard deviation = 1,200 Marketing: mean = 52,500 standard deviation = 800 Then calculate the appropriatez scores. (Round your answers to two decimal places.) accounting z score = 55,000 − 56,000 1,200 = -0.83 53,000 − 52,500 800 = 0.63 (so $55,000 is _____ standard deviations below the mean) marketing z score =

Suppose that two graduating seniors, one a marketing major and one an accounting major, are comparing job offers. The accounting major has an offer for $55,000 per year, and the marketing student has...

Suppose that two graduating seniors, one a marketing major and one an accounting major, are comparing job offers. The accounting major has an offer for $55,000 per year, and the marketing student has an offer for $53,000 per year. Summary information about the distribution of offers is given below.

Accounting:	mean	=	56,000 standard deviation	=	1,200
Marketing:	mean	=	52,500 standard deviation	=	800

Then calculate the appropriatez scores. (Round your answers to two decimal places.)

accounting z score =

55,000 − 56,000

1,200

= -0.83

53,000 − 52,500

800

= 0.63

(so $55,000 is _____ standard deviations below the mean) marketing z score =

Jun 10, 2022

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Suppose that two graduating seniors, one a marketing major and one an accounting major, are comparing job offers. The accounting major has an offer for $55,000 per year, and the marketing student has...

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