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Two Competitive Brothers, Who Work in Two Different Industries, Were

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Two competitive brothers, who work in two different industries, were comparing their salaries. Because there is a difference of 4 years in their respective work experience, they decided to compare, not their actual salaries, but to compare their salaries against their company averages to see who is doing better. The following gives the brothers' salaries, companies' mean, and standard deviation for each company. Two competitive brothers, who work in two different industries, were comparing their salaries. Because there is a difference of 4 years in their respective work experience, they decided to compare, not their actual salaries, but to compare their salaries against their company averages to see who is doing better. The following gives the brothers' salaries, companies' mean, and standard deviation for each company.   What is the z-score of Tom's salary? A)  -1.29 B)  1.29 C)  -1.89 D)  1.89 E)  None of the choices are correct. What is the z-score of Tom's salary?

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Definitions:

Total Utility

The total satisfaction or benefit a person receives from consuming a certain quantity of goods or services.

Marginal Utility

The extra pleasure or benefit gained by a person from consuming one more unit of a product or service.

Total Utility

The total satisfaction or benefit derived by a consumer from consuming a particular quantity of goods or services.

Marginal Utility

The additional satisfaction or utility that a person receives from consuming an additional unit of a good or service.

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