Question 1

You have the following salary grades and midpoints. Your org wants to have a constant midpoint progression. What would be the midpoint percentage?

Grade 10 = Midpoint 2,000

Grade 11 = Midpoint 2,217

Grade 12 = Midpoint 2,456

Grade 13 = Midpoint 2,698

Options :

A : 8%

B : 9.6%

C : 10.5%

D : 11.7%

Answer: C

Question 2

What is the median of the following data?

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

Options :

A : 7

B : 9

C : 13

D : 11

Answer: B

Question 3

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?

Options :

A : 50

B : 15000

C : 500

D : 550

Answer: D

Question 4

What type of regression model does the following equation suggest? y = a + b1x1

Options :

A : Multiple factor regression

B : Nonlinear regression

C : Bivariate regression

D : Curvilinear regression

Answer: C

Question 5

In positively skewed distributions, the mean is usually which of the following?

Options :

A : Larger than the median

B : Between the median and the mode

C : Smaller than the median

D : Equal to the median

Answer: A