BUS 311 THE FUNDAMENTALS OF STATISTICS
Unit 1 – Fundamentals of Statistics
Assignment Type: Individual Project
Deliverable Length: 3 pages
In each of the assignments in this course, you will be dealing with the following scenario:
American Intellectual Union (AIU) has assembled a team of researchers in the
United States and around the world to study job satisfaction. Congratulations,
you have been selected to participate in this massive global undertaking.
The study will require that you examine data, analyze the results, and share
the results with groups of other researchers. Job satisfaction is important to
companies large and small, and understanding it provides managers with insights
into human behavior that can be used to strengthen the company’s bottom
line.
The data set for the study is a sample of a survey conducted on the
population of the American Intellectual Union (AIU). It is available via the
following link: Excel 2007 DataSet with DataSet Key which contains the
following nine sections of data that will be used throughout our course:
Gender
Age
Department
Position
Tenure
Overall Job Satisfaction
Intrinsic Job Satisfaction—Satisfaction with the actual performance of the
job
Extrinsic Job Satisfaction—external to the job, for example, office
location, your work colleagues, your own office (cubicle/hard walled office,
etc),
Benefits—Health insurance, pension plan, vacation, sick days, etc.
In the first assignment you are to complete the
following:
You will need to examine two of the nine sections of data:
one section of qualitative data (choose either Gender or Position)
one section of quantitative data (choose either Intrinsic or Extrinsic)
Each section should include all data points listed in the column for the
variable. The requirements include:
Identify the data you selected.
Explain why the data was selected.
Explain what was learned by examining these sets of data.
Your analysis should include using Microsoft Excel to obtain information
about the data through the use of three measures of central tendency (mean,
median, mode).
Your analysis should also include the use of two measures of variability
(standard deviation and variance). Some measures are appropriate for qualitative
data, and some are appropriate for quantitative data.
If a measure is not applicable, then explain why.
You will have to also provide one chart/graph for each of the results of the
two processed sections of data (2 total), such as a pie or bar chart or a
histogram. (A table is not a chart/graph.) Ensure that you label the chart/graph
clearly.
You will then need to discuss what you additionally learned from the results
of this process.
Explain why charts/graphs are important in conveying information in a visual
format and why standard deviation and variation are important.
