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Question: Using the Excel Analysis ToolPak function descriptive statistics, generate and show the descripti…

by | Nov 30, 2023 | Posted Questions



  1. Using the Excel
    Analysis ToolPak function descriptive statistics, generate and show
    the descriptive
    statistics for each appropriate variable in the sample data set.

    1. For which variables
      in the data set does this function not work correctly for?
      Why?
  2. Sort the data by Gen
    or Gen 1 (into males and females) and find the mean and standard
    deviation
    for each gender for the following variables:

    1. sal, compa, age, sr
      and raise. Use either the descriptive stats function or the Fx
      functions (average and stdev).
  3. What is the
    probability for a:

    1. Randomly selected
      person being a male in grade E?
    2. Randomly selected
      male being in grade E?
    3. Why are the results
      different?
  4. Find:
    1. The z score for each
      male salary, based on only the male salaries.
    2. The z score for each
      female salary, based on only the female salaries.
    3. The z score for each
      female compa, based on only the female compa values.
    4. The z score for each
      male compa, based on only the male compa values.
    5. What do the
      distributions and spread suggest about male and female
      salaries?
    6. Why might we want to
      use compa to measure salaries between males and females?
  5. Based on this
    sample, what conclusions can you make about the issue of male and
    female pay equality?
  6. Are all of the
    results consistent with your conclusion? If not, why not?

    Question: Using the ExcelAnalysis ToolPak function descriptive statistics, generate and showthe descripti...

    Question: Using the ExcelAnalysis ToolPak function descriptive statistics, generate and showthe descripti...

Show transcribed image text The ongoing question that the weekly assignments will focus on is: Are males and females paid the same for equal work (under the Equal Pay Act)? Note: to simplify the analysis, we will assume that jobs within each grade comprise equal work. The column labels in the table mean: ID – Employee sample number Sal – Salary in thousands Age – Age in years EES – Appraisal rating (Employee evaluation score) SER – Years of service G – Gender (0 = male, 1 = female) Mid – salary grade midpoint Raise – percent of last raise Grade – job/pay grade Deg (0= BS BA 1 = MS) Gen 1 (Male or Female) Compa – salary divided by midpoint, a measure of salary that removes the impact of grade This data should be treated as a sample of employees taken from a company that has about 1,000 employees using a random sampling approach. Mac Users: The homework in this course assumes students have Windows Excel, and can load the Analysis ToolPak into their version of Excel. The analysis tool pak has been removed from Excel for Windows, but a free third-party tool that can be used (found on an answers Microsoft site) is: http: .//www.analvstsoft.com/en/products/statplusmacle Like the Microsoft site, I make cannot guarantee the program, but do know that Statplus is a respected statistical package. You may use other approaches or tools as desired to complete the assignments.

The ongoing question that the weekly assignments will focus on is: Are males and females paid the same for equal work (under the Equal Pay Act)? Note: to simplify the analysis, we will assume that jobs within each grade comprise equal work. The column labels in the table mean: ID – Employee sample number Sal – Salary in thousands Age – Age in years EES – Appraisal rating (Employee evaluation score) SER – Years of service G – Gender (0 = male, 1 = female) Mid – salary grade midpoint Raise – percent of last raise Grade – job/pay grade Deg (0= BS BA 1 = MS) Gen 1 (Male or Female) Compa – salary divided by midpoint, a measure of salary that removes the impact of grade This data should be treated as a sample of employees taken from a company that has about 1,000 employees using a random sampling approach. Mac Users: The homework in this course assumes students have Windows Excel, and can load the Analysis ToolPak into their version of Excel. The analysis tool pak has been removed from Excel for Windows, but a free third-party tool that can be used (found on an answers Microsoft site) is: http: .//www.analvstsoft.com/en/products/statplusmacle Like the Microsoft site, I make cannot guarantee the program, but do know that Statplus is a respected statistical package. You may use other approaches or tools as desired to complete the assignments.

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