Worldatwork C3E Exam Questions Instant Access

Question 1

Which of the following is true of distribution shapes for nominal data?

AThey generally are normal distributions

BThey are best represented skewed with a tail to the left

CNominal data should be represented via pie charts only

DIt might be most honest to simply list the categories in alphabetical order.

Answer : D

Question 2

For the same problem set, what does the value 50 represent in the same equation? y = 15000 + 50x

AThe monetary market-based pay increase associated with every additional point value in the job worth scale

BThe ratio of the change in y-values relative to the change in x-values on the line of best fit

CThe slope of the line

DAll of the above

Answer : D

Question 3

Rating employee performance on a five-point scale is most likely an example of which level of measurement?

ANominal

BOrdinal

CInterval

DRatio

Answer : B

Question 4

For the same problem set, what should your organization pay for an entry-level production-manual editor, a job that has been determined to be worth 500 job evaluation points. y = 15000 + 50x

A50,000

B15,000

C25,000

D40,000

Answer : D

Question 5

Why do we sample?

ABecause samples are more accurate than populations

BBecause of the lack of time and money

CBecause computers only work with sample data

DBecause population data are unreliable

Answer : B

Question 6

If the midpoint is 2,000 and the desired range spread is 50%, what are the min and max values?

A1,500 min; 2,500 max

B1,600 min; 2,400 max

C1,700 min; 2,300 max

D1,750 min; 2,250 max

Answer : B

Question 7

According to the 2-sigma rule, which of the following is true?

ANinety-five percent of the data points will fall within two standard deviations of the mean.

BOnly 75% of the data points will fall within two standard deviations

CAt least 75 percent of the data points will fall within two standard deviations of the mean.

DThe 2-sigma rule only applies to nominal level data

Answer : C

Worldatwork Quantitative Principles in Compensation Management C3E Exam Questions