bus case study
Data
| Employee | Starting Salary | On Road Pct Author: Percentage of time on the road with a client | State Univ Author: Whether the employee graduated from State University | CIS Degree Author: Whether the employee got his/her degree in the computer information systems area (or a similar area) | Stayed 3 Years Author: Whether the employee stayed with the company for at least 3 years | Tenure Author: Number of months employee stayed with the company (for those who left before 3 years) |
| 1 | 38900 | 57% | Yes | Yes | No | 11 |
| 2 | 42300 | 68% | Yes | Yes | No | 5 |
| 3 | 39800 | 75% | No | Yes | No | 21 |
| 5 | 40400 | 71% | No | Yes | No | 19 |
| 6 | 36400 | 62% | No | Yes | No | 18 |
| 8 | 36600 | 37% | No | Yes | No | 17 |
| 9 | 34600 | 65% | No | Yes | No | 20 |
| 10 | 42300 | 53% | Yes | Yes | No | 16 |
| 12 | 39700 | 60% | No | Yes | No | 12 |
| 17 | 35500 | 50% | No | Yes | No | 15 |
| 23 | 37200 | 59% | Yes | Yes | No | 14 |
| 25 | 36600 | 45% | No | Yes | No | 13 |
| 26 | 41000 | 81% | Yes | Yes | No | 9 |
| 27 | 40800 | 111% | Yes | Yes | No | 7 |
| 29 | 37700 | 56% | No | Yes | No | 22 |
| 30 | 37700 | 42% | No | Yes | No | 11 |
| 31 | 39300 | 69% | Yes | Yes | No | 16 |
| 32 | 37500 | 50% | No | Yes | No | 18 |
| 33 | 40000 | 69% | Yes | Yes | No | 9 |
| 34 | 41500 | 64% | Yes | No | No | 5 |
| 35 | 39600 | 72% | No | Yes | No | 18 |
| 37 | 39500 | 62% | No | Yes | No | 5 |
| 38 | 37800 | 20% | No | Yes | No | 23 |
| 39 | 38600 | 57% | No | Yes | No | 8 |
| 43 | 36200 | 68% | No | Yes | No | 31 |
| 44 | 39600 | 59% | No | Yes | No | 10 |
| 47 | 39500 | 53% | Yes | Yes | No | 17 |
| 51 | 39400 | 34% | Yes | Yes | No | 27 |
| 56 | 37200 | 64% | Yes | Yes | No | 23 |
| 60 | 37900 | 76% | Yes | Yes | No | 14 |
| 61 | 37900 | 58% | No | Yes | No | 26 |
| 62 | 37900 | 28% | No | Yes | No | 14 |
| 64 | 37400 | 49% | No | Yes | No | 19 |
| 66 | 36600 | 51% | Yes | Yes | No | 7 |
| 4 | 35700 | 29% | No | Yes | Yes | |
| 7 | 37300 | 41% | Yes | No | Yes | |
| 11 | 37800 | 73% | No | Yes | Yes | |
| 13 | 36100 | 56% | Yes | Yes | Yes | |
| 14 | 36100 | 42% | Yes | Yes | Yes | |
| 15 | 33800 | 35% | No | Yes | Yes | |
| 16 | 38900 | 36% | No | Yes | Yes | |
| 18 | 37600 | 58% | No | Yes | Yes | |
| 19 | 38100 | 78% | Yes | Yes | Yes | |
| 20 | 38300 | 16% | No | No | Yes | |
| 21 | 34600 | 29% | No | Yes | Yes | |
| 22 | 36300 | 26% | No | Yes | Yes | |
| 24 | 37700 | 55% | Yes | Yes | Yes | |
| 28 | 36700 | 56% | Yes | Yes | Yes | |
| 36 | 36900 | 42% | No | Yes | Yes | |
| 40 | 40600 | 70% | Yes | Yes | Yes | |
| 41 | 41600 | 63% | Yes | Yes | Yes | |
| 42 | 40800 | 44% | No | No | Yes | |
| 45 | 36100 | 56% | Yes | Yes | Yes | |
| 46 | 36100 | 42% | No | Yes | Yes | |
| 48 | 39100 | 38% | No | Yes | Yes | |
| 49 | 40300 | 53% | Yes | Yes | Yes | |
| 50 | 38800 | 78% | Yes | Yes | Yes | |
| 52 | 38400 | 23% | No | Yes | Yes | |
| 53 | 35200 | 33% | No | Yes | Yes | |
| 54 | 36100 | 24% | No | No | Yes | |
| 55 | 37100 | 44% | No | Yes | Yes | |
| 57 | 36800 | 46% | Yes | No | Yes | |
| 58 | 36500 | 27% | No | No | Yes | |
| 59 | 35900 | 29% | No | No | Yes | |
| 63 | 36700 | 37% | No | Yes | Yes | |
| 65 | 38200 | 62% | Yes | Yes | Yes | |
1(b)
| Starting Salary | The 95% confidence interval for the mean starting salary for those who stay atleast 3 years with D & Y can be calculated as follows: | |||
| Stayed 3 Years | Did not stay 3 years | Sample Size, n = | 32 | |
| 35700 | 38900 | Mean, µ = | 37381 | |
| 37300 | 42300 | Standard Deviation, σ = | 1805.98 | |
| 37800 | 39800 | Level of Significance, α = | 0.05 | [Please click on the respective cells to view the formulas and calculations] |
| 36100 | 40400 | Critical Value, z(α/2) = | 1.960 | |
| 36100 | 36400 | |||
| 33800 | 36600 | Lower Confidence Limit: | 36755.52 | |
| 38900 | 34600 | Upper Confidence Limit: | 38006.98 | |
| 37600 | 42300 | |||
| 38100 | 39700 | The 95% confidence interval for the mean starting salary for those who did not stay atleast 3 years with D & Y can be calculated as follows: | ||
| 38300 | 35500 | Sample Size, n = | 34 | |
| 34600 | 37200 | Mean, µ = | 38556 | |
| 36300 | 36600 | Standard Deviation, σ = | 1887.15 | |
| 37700 | 41000 | Level of Significance, α = | 0.05 | |
| 36700 | 40800 | Critical Value, z(α/2) = | 1.960 | |
| 36900 | 37700 | |||
| 40600 | 37700 | Lower Confidence Limit: | 37921.55 | |
| 41600 | 39300 | Upper Confidence Limit: | 39190.21 | |
| 40800 | 37500 | |||
| 36100 | 40000 | The 95% confidence interval for the difference of the means can be calculated as follows: | ||
| 36100 | 41500 | Stayed 3 Years | Did not stay 3 years | |
| 39100 | 39600 | Mean | 37381 | 38555.88 |
| 40300 | 39500 | Standard Deviation | 1805.98 | 1887.15 |
| 38800 | 37800 | Sample Size | 32 | 34 |
| 38400 | 38600 | Alpha | 0.05 | |
| 35200 | 36200 | |||
| 36100 | 39600 | Mean Difference | -1174.63 | |
| 37100 | 39500 | Standard Error | 454.609 | |
| 36800 | 39400 | Zα/2 | 1.96 | |
| 36500 | 37200 | Margin of Error | 891.02 | |
| 35900 | 37900 | |||
| 36700 | 37900 | Lower Confidence Limit | -2065.65 | |
| 38200 | 37900 | Upper Confidence Limit | -283.62 | |
| 37400 | ||||
| 36600 | ||||
1(c)
| For all employees whose starting salary is below the median, the 95% confidence interval for the proportion of employees who stay with D & Y for atleast 3 years can be calculated as follows: | ||
| Sample Size = | 33 | |
| Number of Successes = | 20 | |
| Sample Proportion = | 0.61 | [Please click on the respective cells to view the formulas and calculations] |
| Level of Significance, α = | 0.05 | |
| Critical Value, z(α/2) = | 1.96 | |
| Lower Confidence Level | 0.439 | |
| Upper Confidence Level | 0.773 | |
| For all employees whose starting salary is above the median, the 95% confidence interval for the proportion of employees who stay with D & Y for atleast 3 years can be calculated as follows: | ||
| Sample Size = | 33 | |
| Number of Successes = | 12 | |
| Sample Proportion = | 0.36 | |
| Level of Significance, α = | 0.05 | |
| Critical Value, z(α/2) = | 1.96 | |
| Lower Confidence Level | 0.200 | |
| Upper Confidence Level | 0.528 | |
| 95% confidence interval for the difference between the two proportions can be calculated as follows: | ||
| Above the median | Below the median | |
| Outcome | 12 | 20 |
| Sample Size | 33 | 33 |
| Sample Proportion | 0.3636 | 0.6061 |
| Alpha | 0.05 | |
| Point Difference for Population Proportions | -0.242 | |
| Standard Error | 0.119 | |
| Zα/2 | 1.960 | |
| Margin of Error | 0.234 | |
| Lower Confidence Limit | -0.4764 | |
| Upper Confidence Limit | -0.0085 | |
2
| For all employees whose percentage of time on road is below the median, the 95% confidence interval for the proportion of employees who stay with D & Y for atleast 3 years can be calculated as follows: | ||
| Sample Size = | 33 | |
| Number of Successes = | 21 | |
| Sample Proportion = | 0.64 | [Please click on the respective cells to view the formulas and calculations] |
| Level of Significance, α = | 0.05 | |
| Critical Value, z(α/2) = | 1.96 | |
| Lower Confidence Level | 0.472 | |
| Upper Confidence Level | 0.800 | |
| For all employees whose percentage of time on road is above the median, the 95% confidence interval for the proportion of employees who stay with D & Y for atleast 3 years can be calculated as follows: | ||
| Sample Size = | 33 | |
| Number of Successes = | 11 | |
| Sample Proportion = | 0.33 | |
| Level of Significance, α = | 0.05 | |
| Critical Value, z(α/2) = | 1.96 | |
| Lower Confidence Level | 0.172 | |
| Upper Confidence Level | 0.494 | |
| 95% confidence interval for the difference between the two proportions can be calculated as follows: | ||
| Above the median | Below the median | |
| Outcome | 11 | 21 |
| Sample Size | 33 | 33 |
| Sample Proportion | 0.3333 | 0.6364 |
| Alpha | 0.05 | |
| Point Difference for Population Proportions | -0.303 | |
| Standard Error | 0.117 | |
| Zα/2 | 1.960 | |
| Margin of Error | 0.230 | |
| Lower Confidence Limit | -0.5328 | |
| Upper Confidence Limit | -0.0732 | |
3
| Stayed 3 Years Author: Whether the employee stayed with the company for at least 3 years | Tenure Author: Number of months employee stayed with the company (for those who left before 3 years) | The 95% confidence interval for the mean tenure for those who leave D & Y within 3 years can be calculated as follows: | ||
| No | 11 | Sample Size, n = | 34 | |
| No | 5 | Mean, µ = | 15 | |
| No | 21 | Standard Deviation, σ = | 6.62 | |
| No | 19 | Level of Significance, α = | 0.05 | [Please click on the respective cells to view the formulas and calculations] |
| No | 18 | Critical Value, z(α/2) = | 1.960 | |
| No | 17 | |||
| No | 20 | Lower Confidence Limit: | 13.07 | |
| No | 16 | Upper Confidence Limit: | 17.52 | |
| No | 12 | |||
| No | 15 | |||
| No | 14 | |||
| No | 13 | |||
| No | 9 | |||
| No | 7 | |||
| No | 22 | |||
| No | 11 | |||
| No | 16 | |||
| No | 18 | |||
| No | 9 | |||
| No | 5 | |||
| No | 18 | |||
| No | 5 | |||
| No | 23 | |||
| No | 8 | |||
| No | 31 | |||
| No | 10 | |||
| No | 17 | |||
| No | 27 | |||
| No | 23 | |||
| No | 14 | |||
| No | 26 | |||
| No | 14 | |||
| No | 19 | |||
| No | 7 | |||
4
| For all employees with CIS Degrees, the 95% confidence interval for the proportion of employees who stay with D & Y for atleast 3 years can be calculated as follows: | ||
| Sample Size = | 58 | |
| Number of Successes = | 25 | |
| Sample Proportion = | 0.43 | [Please click on the respective cells to view the formulas and calculations] |
| Level of Significance, α = | 0.05 | |
| Critical Value, z(α/2) = | 1.96 | |
| Lower Confidence Level | 0.304 | |
| Upper Confidence Level | 0.558 | |
| For all employees without CIS Degrees, the 95% confidence interval for the proportion of employees who stay with D & Y for atleast 3 years can be calculated as follows: | ||
| Sample Size = | 8 | |
| Number of Successes = | 7 | |
| Sample Proportion = | 0.88 | |
| Level of Significance, α = | 0.05 | |
| Critical Value, z(α/2) = | 1.96 | |
| Lower Confidence Level | 0.646 | |
| Upper Confidence Level | 1.104 |
1
2
3
4
5
6
7
8
9
A
B
C
Stayed 3 Years
Did not stay 3 years
35700
38900
37300
42300
37800
39800
36100
40400
36100
36400
33800
36600
38900
34600
Starting Salary