When Steve Jobs was Chicf Executive Officer (CEO) of Apple, he earned an annual salary of $1. The CEOs of the 50 largest U. S. companies had a mean salary of $1,449,779 and a standard deviation of $527,651 (based on data from USA Today).
a. What is the difference between Jobs’ salary and the mean CEO salary?
b. How many standard deviations is that (the difference found in part (a))?
c. Convert Steve Jobs’ salary toaz score.
d. If we consider “usual” salaries to be those that convert to zr scores between —2 and 2, is Steve Jobs’ salary usual or unusual?

  • CreatedMay 03, 2015
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