Worldatwork C3E
Q: 1
A true, absolute zero exists for which level of measurement?
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Q: 2
You need 15,000 in two years in order to take that long-awaited and much deserved vacation of your
dreams. You can earn 12% interest, compounded quarterly from your credit union. How much money
do you need to set aside now?
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Q: 3
For the same problem set, what does the value 50 represent in the same equation? y = 15000 + 50x
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Q: 4
Why do compensation professionals collect & use data?
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Q: 5
An employee earning 50,000 annually contributes 8% of his/her salary to a voluntary savings plan in
the first year of participation. Excluding investment earnings, how much is in this employee's account
at the end of the first year?
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Q: 6
Which of the following is true of distribution shapes for nominal data?
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Q: 7
Suppose you were given the following data for salary grade 007: Min 4,800 Midpoint 6,000 Max
7,200
What is the salary range spread?
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Q: 8
You spent 30% of your budget on merit increases three years ago, 35% two years ago, and 40% last
year. When was the most money spent on merit increases?
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Q: 9
Which of the following is a characteristic of a standard deviation?
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Q: 10
Rating employee performance on a five-point scale is most likely an example of which level of
measurement?
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Question 1 of 10
