You Have Determined That the Lowest-Paying Employer Pays It Secretaries

Multiple Choice

You have determined that the lowest-paying employer pays it secretaries a mean total compensation of $30,000,and the highest-paying employer pays its secretaries a mean total compensation of $42,000.What is the dispersion in secretarial compensation across firms?

A) 12 percent
B) 25 percent
C) 40 percent
D) 50 percent