Free C3 Mock Exam – Practice Online Confidently

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Exam Code: C3
Exam Questions: 55
Quantitative Principles in Compensation Management
Updated: 04 Jan, 2026
Question 1

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

Options :
Answer: C

Question 2

You have the following salary grades and midpoints. Your org wants to have a constant midpoint progression. What would be the midpoint percentage?Grade 10 = Midpoint 2,000Grade 11 = Midpoint 2,217Grade 12 = Midpoint 2,456Grade 13 = Midpoint 2,698

Options :
Answer: C

Question 3

In order to satisfy ordinal level data requirements, you must be able to do which of the following?

Options :
Answer: C

Question 4

If you earn 50,000 per year and your co-worker in the same job earns 60,000, what percent adjustment do you need to equal your co-worker?

Options :
Answer: B

Question 5

On January 1 of last year, you had 1,000 emps. Dec 31 there was a 20% reduction in the workforce. By July of this year, you then increased your workforce by 20%. Do you now have 1,000 emps again? If not, how many?

Options :
Answer: B

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