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Certification Provider: Worldatwork

Exam Name: Quantitative Principles in Compensation Management

Number of questions in our database: 54

Exam Version: Feb. 23, 2024

C3E Exam Official Topics:

**Topic 1:**Data, Information and Levels of Management/ Learn about regression models within the compensation environment**Topic 2:**Measure of Central Tendency and/or Location/ Dive into percents, individual compa-ratio, department compa-ratio, market index, percent difference**Topic 3:**Gain insights on measures of central tendency, measures of location and percentile bars/ Learn about the levels of measurement**Topic 4:**Understand measure of variability including range, interquartile range and standard deviation/ Developing salary ranges and percents in compensation management**Topic 5:**Recognize distorted data and commonly used mistakes that distort data/ Learn about populations and samples as well as frequency distributions**Topic 6:**Understand how the time value of money is directly related to compensation/ Interpret distributions of data and understand the application**Topic 7:**Learn about z-scores, including 2-sigma and 3-sigma rules/ Collecting, Organizing, Grouping and Displaying Data**Topic 8:**Constant midpoint progression and annuity payments/ Lying with Statistics, Graphs and Displays

Question #1

A distribution that is skewed with a tail to the left is which of the following?

Question #2

In positively skewed distributions, the mean is usually which of the following?

Question #3

Which of the following is characteristic of a normal distribution?

Question #4

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

Question #5

What type of relationship does the following equation model? y = a + b1x1 + b2x2

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