Free WorldatWork C3 Exam Questions
Absolute Free C3 Exam Practice for Comprehensive Preparation
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WorldatWork C3 Exam Questions
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Provided By: WorldatWork
- Exam: Quantitative Principles in Compensation Management
- Certification: Certified Compensation Professional
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Total Questions: 55
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Updated On: Jan 15, 2025
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Rated: 4.9 |
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Online Users: 110
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Question 1
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What is the median of the following data?7, 17, 3, 19, 13, 9, 7
Answer: B
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Question 2
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If you earn 50,000 per year and your co-worker in the same job earns 60,000, what percent adjustment do you need to equal your co-worker?
Answer: B
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If you earn 50,000 per year and your co-worker in the same job earns 60,000, what percent adjustment do you need to equal your co-worker?
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Question 3
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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 2,000Grade 11 = Midpoint 2,217Grade 12 = Midpoint 2,456Grade 13 = Midpoint 2,698
Answer: C
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Question 4
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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?
Answer: D
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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?
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Question 5
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What type of regression model does the following equation suggest? y = a + b1x1
Answer: C
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What type of regression model does the following equation suggest? y = a + b1x1