Question

- Steve gathered some data and Steve gathered data and found that the z-score for his salary as compared to other managers with the same level of experience is -1.25. Which of the following is the best interpretation of this z-score if the average hourly wage is $22 and a standard deviation of $10?
(A) Steve makes 1.25% less than other managers with his experience level.
(B) Steve makes $9.50 per hour.
(C) Steve makes $1.25 per hour.
(D) Steve's salary is $22 per hour.

Answer 1

( A) is the answer or maybe b)