Worldatwork C3E Exam Practice Test Instant Access

Question 1

What are percentile bars?

AA tool to help visualize the distribution of data

BThe value that occurs most often among a data set

CRepresentations of the median salary in an organization's pay grades

DThe most common method of representing unweighted means

Answer : A

Question 2

Midpoint for grade 14 is 950, and the max is 1,200. Assuming that the structure is symmetric, what is the range spread? (rounded)

A21%

B26%

C52%

D71%

Answer : D

Question 3

A true, absolute zero exists for which level of measurement?

ANominal

BOrdinal

CInterval

DRatio

Answer : D

Question 4

What does a correlation of +1.0 indicate?

AA positive slope

BA negative slope

CA positive intercept

DA negative intercept

Answer : A

Question 5

What is interpolation?

AA value that a given percent of the data is less than

BAn exact value representing a remainder

CA whole number that represents the sum of a data set

DA statistical representation of standard deviation

Answer : B

Question 6

At 10% investment return, what would be in the same employee's account including investment earnings at the end of the year?

A2,160

B4,400

C5,940

D8,640

Answer : B

Question 7

What type of relationship does this equation model?

y = a + bx + cx2

ANonlinear regression

BStraight line regression

CBivariate regression

DAll of the above

Answer : A

Worldatwork C3E Quantitative Principles in Compensation Management Exam Practice Test