In: Statistics and Probability
The percent frequency distributions of job satisfaction scores for a sample of information systems (IS) senior executives and middle managers are as follows. The scores range from a low of 1 (very dissatisfied) to a high of 5 (very satisfied).
Job Satisfaction Score | IS Senior Executives (%) | IS Middle Managers (%) |
1 | 5 | 4 |
2 | 9 | 10 |
3 | 27 | 13 |
4 | 42 | 46 |
5 | 17 | 27 |
If required, round your answers to two decimal places.
(a) | Develop a probability distribution for the job satisfaction score of a randomly selected senior executive. | ||||||||||||||
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(b) | Develop a probability distribution for the job satisfaction score of a randomly selected middle manager. | ||||||||||||||
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(c) | What is the probability that a randomly selected senior executive will report a job satisfaction score of 4 or 5? | ||||||||||||||
(d) | What is the probability that a randomly selected middle manager is very satisfied? | ||||||||||||||
(e) | Compare the overall job satisfaction of senior executives and middle managers. | ||||||||||||||
Senior executives appear to be more satisfied/less satisfied than middle managers. |
The percent frequency distributions of job satisfaction scores for a sample of information systems (IS) senior executives and middle managers are as follows
Job Satisfaction Score | IS Senior Executives (%) | IS Middle Managers (%) |
1 | 5 | 4 |
2 | 9 | 10 |
3 | 27 | 13 |
4 | 42 | 46 |
5 | 17 | 27 |
Total 100 100
a) A probability distribution for the job satisfaction score of a randomly selected senior executive is given by
x | f(x) |
1 | 5/100=0.05 |
2 | 9/100=0.09 |
3 | 27/100=0.27 |
4 | 42/100=0.42 |
5 17/100=0.17 |
b) A probability distribution for the job satisfaction score of a randomly selected middle manager is given by:
x | f(x) |
1 | 4/100=0.04 |
2 | 10/100=0.10 |
3 | 13/100=0.13 |
4 | 46/100=0.46 |
5 | 27/100=0.27 |
c) the probability that a randomly selected senior executive will report a job satisfaction score of 4 or 5 is = P(X=4)+P(X=5)
=0.42+0.17
=0.59
d) the probability that a randomly selected middle manager is very satisfied=P(X=5)
=0.27
e) The expected job satisfaction for the senior executive is given by:
The expected job satisfaction for the middle executive is given by:
Comparing the expected job satisfactions for two types of executives the Senior executives appear to be more satisfied satisfied than middle managers.