Question
1. Select 2 different jobs and 2 different cities. Using one of the salary survey tools mentioned in the External Factors and Pay presentation, obtain
1. Select 2 different jobs and 2 different cities. Using one of the salary survey tools mentioned in the "External Factors and Pay" presentation, obtain median wages, 25% wages, and 75% wages for each job in each city. (This means you will have 12 wage numbers). (15 points total for the entire question)
-What is the 25%, median wage and 75% amount for each job you selected? (2 points)
-Of the 2 different types of jobs, which one pays less on average? Why do you think this is the case? (3 points)
-What factors could explain the difference in salaries? (2 points)
-How big are the differences in the salaries for the same job but in different locations? What are the reasons for the difference in location pay? (4 points)
-How big is the difference between the 25%, median, and 75% ranges? What factors could contribute this range difference? (4 points)
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