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Quantitative Principles in Compensation Management

Last Update May 17, 2024
Total Questions : 54

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Quantitative Principles in Compensation Management Questions and Answers

Questions 1

If the minimum is 2,000 and the desired range spread is 40%, what is the midpoint?

Options:

A.

2,000

B.

2,300

C.

2,400

D.

2,800

Questions 2

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

Options:

A.

50,000

B.

15,000

C.

25,000

D.

40,000

Questions 3

What is the median of the following data?

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

Options:

A.

7

B.

9

C.

13

D.

11

Next Question