Your babysitter claims that she is underpaid given the current market. Her hourly wage is $12 per hour. You do some research and discover that the average wage in your area is $14 per hour with a standard deviation of 1.9. Calculate the Z score and use the table to find the standard normal probability. Based on your findings, should you give her a raise? Explain your reasoning as to why or why not.

A

The z-score is equal to:

z = (12-14)/1.9 = -1.05

Given that the right-tailed p-value for this z-score is equal to 0.85, 85% of babysitters are paid more than my babysitter, which is why it is feasible to give her a rise.

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Academic.Tips. (2021) 'Your babysitter claims that she is underpaid given the current market. Her hourly wage is $12 per hour. You do some research and discover that the average wage in your area is $14 per hour with a standard deviation of 1.9. Calculate the Z score and use the table to find the standard normal probability. Based on your findings, should you give her a raise? Explain your reasoning as to why or why not'. 16 July.

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Academic.Tips. (2021, July 16). Your babysitter claims that she is underpaid given the current market. Her hourly wage is $12 per hour. You do some research and discover that the average wage in your area is $14 per hour with a standard deviation of 1.9. Calculate the Z score and use the table to find the standard normal probability. Based on your findings, should you give her a raise? Explain your reasoning as to why or why not. Retrieved from https://academic.tips/question/your-babysitter-claims-that-she-is-underpaid-given-the-current-market-her-hourly-wage-is-12-per-hour-you-do-some-research-and-discover-that-the-average-wage-in-your-area-is-14-per-hour-with-a-stan/

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Academic.Tips. 2021. "Your babysitter claims that she is underpaid given the current market. Her hourly wage is $12 per hour. You do some research and discover that the average wage in your area is $14 per hour with a standard deviation of 1.9. Calculate the Z score and use the table to find the standard normal probability. Based on your findings, should you give her a raise? Explain your reasoning as to why or why not." July 16, 2021. https://academic.tips/question/your-babysitter-claims-that-she-is-underpaid-given-the-current-market-her-hourly-wage-is-12-per-hour-you-do-some-research-and-discover-that-the-average-wage-in-your-area-is-14-per-hour-with-a-stan/.

1. Academic.Tips. "Your babysitter claims that she is underpaid given the current market. Her hourly wage is $12 per hour. You do some research and discover that the average wage in your area is $14 per hour with a standard deviation of 1.9. Calculate the Z score and use the table to find the standard normal probability. Based on your findings, should you give her a raise? Explain your reasoning as to why or why not." July 16, 2021. https://academic.tips/question/your-babysitter-claims-that-she-is-underpaid-given-the-current-market-her-hourly-wage-is-12-per-hour-you-do-some-research-and-discover-that-the-average-wage-in-your-area-is-14-per-hour-with-a-stan/.


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Academic.Tips. "Your babysitter claims that she is underpaid given the current market. Her hourly wage is $12 per hour. You do some research and discover that the average wage in your area is $14 per hour with a standard deviation of 1.9. Calculate the Z score and use the table to find the standard normal probability. Based on your findings, should you give her a raise? Explain your reasoning as to why or why not." July 16, 2021. https://academic.tips/question/your-babysitter-claims-that-she-is-underpaid-given-the-current-market-her-hourly-wage-is-12-per-hour-you-do-some-research-and-discover-that-the-average-wage-in-your-area-is-14-per-hour-with-a-stan/.

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"Your babysitter claims that she is underpaid given the current market. Her hourly wage is $12 per hour. You do some research and discover that the average wage in your area is $14 per hour with a standard deviation of 1.9. Calculate the Z score and use the table to find the standard normal probability. Based on your findings, should you give her a raise? Explain your reasoning as to why or why not." Academic.Tips, 16 July 2021, academic.tips/question/your-babysitter-claims-that-she-is-underpaid-given-the-current-market-her-hourly-wage-is-12-per-hour-you-do-some-research-and-discover-that-the-average-wage-in-your-area-is-14-per-hour-with-a-stan/.

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