Suppose that two graduating seniors, one marketing major and one an accounting major, are comparing job offers. The accounting major has an offer for $45,000 per year, and the marketing student has an offer for $43,000 per year. Summary information about the distribution of salary offers for each major follows:
Accounting: |
mean = $46,000 |
standard deviation = $1,200 |
Marketing: |
mean = $42,500 |
standard deviation = $900 |
For problems A and B calculate the appropriate z scores.
Round the answers to two decimal places.
A) The z-score for the accounting major is:
B) The z-score for the marketing major is: