bus case study

profileSam321
EXCEL-8.2CaseStudy.xlsx

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