WorldatWork C3E

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Total 55 questions | Updated On: Apr 25, 2024
Question 1

You need 15,000 in two years in order to take that long-awaited and much deserved vacation of your dreams. You can earn 12% interest, compounded quarterly from your credit union. How much money do you need to set aside now?


Answer: B
Question 2

What type of regression model does the following equation suggest? y = a + b1x1


Answer: C
Question 3

You have been asked to comment on a proposed provision in the union contract. over the next 3 years, management proposes increases of 2%, 2.5%, 3% over the 3 year life of the contract. The union negotiator insists that it be 3%, 2.5%, 2.0%. Assuming the hourly rate for a job class is 12.50/hr., what is the rate in three years?


Answer: A
Question 4

What is the median of the following data?
7, 17, 3, 19, 13, 9, 7


Answer: B
Question 5

On January 1 of last year, you had 1,000 emps. Dec 31 there was a 20% reduction in the workforce. By July of this year, you then increased your workforce by 20%. Do you now have 1,000 emps again? If not, how many?


Answer: B
Page:    1 / 11   
Total 55 questions | Updated On: Apr 25, 2024

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Name: C3E: Quantitative Principles in Compensation Management
Exam Code: C3E
Certification: Certified Compensation Professional CCP
Vendor: WorldatWork
Total Questions: 55
Last Updated: Apr 25, 2024