The Following Table Shows the Distribution of Household Incomes for a Sample

question 11

Short Answer

The following table shows the distribution of household incomes for a sample of 1,000 households in the U.S. with incomes up to $100,000.


Use this information to estimate, to the nearest $1,000, the average household income for such households.
The average household income is __________.

Discuss organizational strategies for improving job satisfaction and motivation.

Understand the potential problems and challenges associated with reward systems and how they can impact employee behavior.

Understand the dimensions and importance of organizational justice.

Recognize and define behaviors that contribute positively to the organization beyond formal job roles.

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Definitions:

Aptitude Tests

Tests designed to assess a person's potential to learn or adapt in a specific area.

Job Knowledge

The specific information and skills that an individual possesses related to the tasks and responsibilities of their current or potential job roles.

Personnel Psychologist

A professional who applies psychological principles and methods to understand work behavior and improve employee selection, training, and performance.

Strengths-Based Selection

A hiring methodology that focuses on individuals' natural talents and strengths, aligning these with job requirements to optimize performance and satisfaction.