• Wrong document? Swap it for free
  • Written by students who passed
  • Immediately available after payment
  • Read online or as PDF
Sell
Where do you study
Your language
Document preview thumbnail
Preview 2 out of 12 pages
Exam (elaborations)

Bus308Week1Assignment.xlsx2022

Document preview thumbnail
Preview 2 out of 12 pages

BUS308WEEK1ASSIGNMENT.xlsx 2022

Content preview

Score: Week 1. Measurement and Description - chapters 1 and 2


<1 point> 1 Measurement issues. Data, even numerically coded variables, can be one of 4 levels -
nominal, ordinal, interval, or ratio. It is important to identify which level a variable is, as
this impact the kind of analysis we can do with the data. For example, descriptive statistics
such as means can only be done on interval or ratio level data.
Please list under each label, the variables in our data set that belong in each group.
Nominal Ordinal Interval Ratio
Gender Degree Performance Age
Gender 1 Grade Rating Salary
Degree Service




b. For each variable that you did not call ratio, why did you make that decision?
In my opinion the variables are not what
you would describe as a ratio, My reasoning
is because ratio data should be a positive
number and a number that reaches 0 ceases
to prevail as a ratio.




<1 point> 2 The first step in analyzing data sets is to find some summary descriptive statistics for key va
For salary, coma, age, performance rating, and service; find the mean, standard deviation, a
You can use either the Data Analysis Descriptive Statistics tool or the Fx =average and =std
(the range must be found using the difference between the =max and =min functions with F
Note: Place data to the right, if you use Descriptive statistics, place that to the right as well.
Salary Compa
Overall Mean 45.000 1.062
Standard Deviation 19.201 0.077
Range 55.000 0.340
Female Mean 38.000 1.069
Standard Deviation 18.294 0.070
Range 55.000 0.254
Male Mean 52.000 1.056
Standard Deviation 17.776 0.084
Range 53.000 0.305

<1 point> 3 What is the probability for a:
a. Randomly selected person being a male in grade E?

, b. Randomly selected male being in grade E?
Note part b is the same as given a male, what i
c. Why are the results different?


The results are different because overall a sample is taken from the entire group of 50 peopl
and Female the fields are narrowed to 25 per person in each ratio.


<1 point> 4 For each group (overall, females, and males) find:
a. The value that cuts off the top 1/3 salary in each group.
b. The z score for each value:
c. The normal curve probability of exceeding this score:
d. What is the empirical probability of being at or exceeding this salary value?
e. The value that cuts off the top 1/3 compa in each group.
f. The z score for each value:
g. The normal curve probability of exceeding this score:
h. What is the empirical probability of being at or exceeding this compa value?
i. How do you interpret the relationship between the data sets? What do they mean about our

Someone could interpret the relationship between the data sets as female workers having a l
compilng the numbers I would agree that female workers are not being payed equally to wh



<2 points> 5. What conclusions can you make about the issue of male and female pay equality? Are all o
What is the difference between the sal and compa measures of pay?

Based on the data given I see that males are receiving more salary compared to female work
rates, in some cases it does appear that both male and female workers are getting paid a high
that being said both have compa ratio greater than one.

Conclusions from looking at salary results:

In my opinion based on the data presented I can conclude that the range of all three groups a
are no major discrepancies amongst any of the groups which indicates a normal falsehood.


Conclusions from looking at compa results:

After reviewing the compa results once more, I can say that the overall, female workers, and
indicates that the workers salaries are being paid above the normal salary within the industry


Do both salary measures show the same results?

Document information

Uploaded on
April 8, 2022
Number of pages
12
Written in
2021/2022
Type
Exam (elaborations)
Contains
Questions & answers
$16.99

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
superacademic
3.1
(14)
Sold
105
Followers
93
Items
4773
Last sold
7 months ago



Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions