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Worldatwork C3E Exam - Topic 5 Question 23 Discussion

Market based pay = Intercept + (slope) x (job worth). You have collected data and have quantified your model as follows: y = 15000 + 50x. The value of 15,000 in the model represents which of the following?
D) The intercept for the line of best fit
A) The slope of the line
B) The point where the line of best fit crosses the x-axis corresponding to a y-value of zero
C) The mean for y

Worldatwork C3E Exam - Topic 5 Question 23 Discussion

Actual exam question for Worldatwork's C3E exam
Question #: 23
Topic #: 5
[All C3E Questions]

Market based pay = Intercept + (slope) x (job worth). You have collected data and have quantified your model as follows: y = 15000 + 50x. The value of 15,000 in the model represents which of the following?

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Suggested Answer: D

by Nicolette at May 07, 2022, 08:12 AM

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Talia
10 months ago
Nope, it's 15,000, the intercept for sure!
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Millie
10 months ago
I thought the intercept was always zero?
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Earleen
11 months ago
Wait, isn't it the mean for y?
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Simona
11 months ago
Agreed, it's the starting point of the line.
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Buffy
11 months ago
That's definitely the intercept!
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Judy
11 months ago
I'm a bit confused about the options. I thought the intercept was always the starting point, so I lean towards D, but I need to double-check my notes.
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Lenita
11 months ago
The intercept should be where the line crosses the y-axis, right? So, I guess that means 15,000 is the intercept.
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Lakeesha
11 months ago
I remember a practice question where we discussed intercepts and slopes. I feel like 15,000 is definitely the intercept, but I could be mixing it up with something else.
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Tricia
11 months ago
I think the 15,000 represents the intercept, but I'm not completely sure. It just seems to fit the definition we went over in class.
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Theola
12 months ago
I think the purpose of an information security policy is to provide direction and support to the management regarding information security. That seems like the most comprehensive answer.
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Sarah
12 months ago
Okay, I've got a strategy for this. Responsibilities define the access and permissions a user has, so I'll focus on options that seem to be related to that, like accessible reports, applications, and menus/forms. The other options are a bit less clear, so I'll have to think through those.
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Karan
12 months ago
I think this might be related to the concept of the "zone of tolerance," but I'm not entirely sure if that's exactly what they're asking for.
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