Worldatwork C3E Exam Questions Instant Access

Question 1

What does a correlation of +1.0 indicate?

AA positive slope

BA negative slope

CA positive intercept

DA negative intercept

Answer : A

Question 2

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?

A35%

B37.5%

C40%

D50%

Answer : D

Question 3

George & Kevin agree to job share. George will work two 10-hour days and Kevin will work three 7-hour days. What percent of the total weekly hours is George going to work?

A39.5%

B50%

C48.8%

D51.2%

Answer : C

Question 4

For the same problem set, the market appears to be paying entry-level buyers 42,500. Approx how many job evaluation points should your entry-level buyer position be worth to your org, assuming the regression model provides a good fit, based solely on the linear model of y = 15000 + 50x?

A50

B15000

C500

D550

Answer : D

Question 5

What is the median of the following data?

7, 17, 3, 19, 13, 9, 7

C13

D11

Answer : B

Question 6

Which of the following provide useful guidelines for grouping data into categories?

AUse a constant width for all categories

BUse mutually exclusive categories

CDo not allow categories to overlap

DAll of the above

Answer : D

Question 7

A range can best be described as which of the following?

AA measure of central tendency

BThe difference between the maximum value and the minimum value in a data set

CA tool used to measure the variation of a data set based on the middle 50 percent of the cases

DThe only measure of variability appropriate for ratio data

Answer : B

Worldatwork Quantitative Principles in Compensation Management C3E Exam Questions