busness question
Data
| ID | Salary | Compa-ratio | Midpoint | Age | Performance Rating | Service | Gender | Raise | Degree | Gender1 | Grade | Copy Employee Data set to this page. | ||||
| 3 | 34.3 | 1.105 | 31 | 30 | 75 | 5 | 1 | 3.6 | 1 | F | B | 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)? | ||||
| 7 | 41.9 | 1.048 | 40 | 32 | 100 | 8 | 1 | 5.7 | 1 | F | C | Note: to simplfy the analysis, we will assume that jobs within each grade comprise equal work. | ||||
| 8 | 23.4 | 1.018 | 23 | 32 | 90 | 9 | 1 | 5.8 | 1 | F | A | |||||
| 10 | 24.2 | 1.054 | 23 | 30 | 80 | 7 | 1 | 4.7 | 1 | F | A | The column labels in the table mean: | ||||
| 11 | 23.7 | 1.032 | 23 | 41 | 100 | 19 | 1 | 4.8 | 1 | F | A | ID – Employee sample number | Salary – Salary in thousands | |||
| 13 | 41.4 | 1.034 | 40 | 30 | 100 | 2 | 1 | 4.7 | 0 | F | C | Age – Age in years | Performance Rating – Appraisal rating (Employee evaluation score) | |||
| 14 | 23.7 | 1.030 | 23 | 32 | 90 | 12 | 1 | 6 | 1 | F | A | SERvice – Years of service | Gender: 0 = male, 1 = female | |||
| 15 | 23 | 1.001 | 23 | 32 | 80 | 8 | 1 | 4.9 | 1 | F | A | Midpoint – salary grade midpoint | Raise – percent of last raise | |||
| 17 | 63.6 | 1.115 | 57 | 27 | 55 | 3 | 1 | 3 | 1 | F | E | Grade – job/pay grade | Degree (0= BS\BA 1 = MS) | |||
| 18 | 34.3 | 1.107 | 31 | 31 | 80 | 11 | 1 | 5.6 | 0 | F | B | Gender1 (Male or Female) | Compa-ratio - salary divided by midpoint | |||
| 20 | 35.5 | 1.144 | 31 | 44 | 70 | 16 | 1 | 4.8 | 0 | F | B | |||||
| 22 | 49 | 1.020 | 48 | 48 | 65 | 6 | 1 | 3.8 | 1 | F | D | t-Test: Two-Sample Assuming Equal Variances | ||||
| 23 | 23.1 | 1.005 | 23 | 36 | 65 | 6 | 1 | 3.3 | 0 | F | A | |||||
| 24 | 56.8 | 1.183 | 48 | 30 | 75 | 9 | 1 | 3.8 | 0 | F | D | Variable 1 | Variable 2 | |||
| 26 | 23.1 | 1.003 | 23 | 22 | 95 | 2 | 1 | 6.2 | 0 | F | A | Mean | 1.06684 | 1.04836 | ||
| 28 | 76.4 | 1.141 | 67 | 44 | 95 | 9 | 1 | 4.4 | 0 | F | F | Variance | 0.00430164 | 0.00648099 | ||
| 31 | 23.1 | 1.006 | 23 | 29 | 60 | 4 | 1 | 3.9 | 1 | F | A | Observations | 25 | 25 | ||
| 35 | 23.7 | 1.032 | 23 | 23 | 90 | 4 | 1 | 5.3 | 0 | F | A | Pooled Variance | 0.005391315 | |||
| 36 | 25.1 | 1.093 | 23 | 27 | 75 | 3 | 1 | 4.3 | 0 | F | A | Hypothesized Mean Difference | 0 | |||
| 37 | 23.4 | 1.016 | 23 | 22 | 95 | 2 | 1 | 6.2 | 0 | F | A | df | 48 | |||
| 39 | 36.7 | 1.184 | 31 | 27 | 90 | 6 | 1 | 5.5 | 0 | F | B | t Stat | 0.8898352784 | |||
| 42 | 23 | 1.001 | 23 | 32 | 100 | 8 | 1 | 5.7 | 1 | F | A | P(T<=t) one-tail | 0.188996287 | |||
| 43 | 75 | 1.120 | 67 | 42 | 95 | 20 | 1 | 5.5 | 0 | F | F | t Critical one-tail | 1.6772241961 | |||
| 45 | 47.4 | 0.988 | 48 | 36 | 95 | 8 | 1 | 5.2 | 1 | F | D | P(T<=t) two-tail | 0.3779925741 | |||
| 48 | 65.9 | 1.156 | 57 | 34 | 90 | 11 | 1 | 5.3 | 1 | F | E | t Critical two-tail | 2.0106347576 | |||
| 1 | 63.9 | 1.121 | 57 | 34 | 85 | 8 | 0 | 5.7 | 0 | M | E | |||||
| 2 | 27.7 | 0.892 | 31 | 52 | 80 | 7 | 0 | 3.9 | 0 | M | B | |||||
| 4 | 57.6 | 1.010 | 57 | 42 | 100 | 16 | 0 | 5.5 | 1 | M | E | |||||
| 5 | 47.4 | 0.987 | 48 | 36 | 90 | 16 | 0 | 5.7 | 1 | M | D | |||||
| 6 | 75.2 | 1.122 | 67 | 36 | 70 | 12 | 0 | 4.5 | 1 | M | F | |||||
| 9 | 74 | 1.105 | 67 | 49 | 100 | 10 | 0 | 4 | 1 | M | F | |||||
| 12 | 58.3 | 1.022 | 57 | 52 | 95 | 22 | 0 | 4.5 | 0 | M | E | |||||
| 16 | 41.5 | 1.037 | 40 | 44 | 90 | 4 | 0 | 5.7 | 0 | M | C | |||||
| 19 | 24.7 | 1.073 | 23 | 32 | 85 | 1 | 0 | 4.6 | 1 | M | A | |||||
| 21 | 78.1 | 1.166 | 67 | 43 | 95 | 13 | 0 | 6.3 | 1 | M | F | |||||
| 25 | 24.2 | 1.053 | 23 | 41 | 70 | 4 | 0 | 4 | 0 | M | A | |||||
| 27 | 45.3 | 1.132 | 40 | 35 | 80 | 7 | 0 | 3.9 | 1 | M | C | |||||
| 29 | 74.6 | 1.113 | 67 | 52 | 95 | 5 | 0 | 5.4 | 0 | M | F | |||||
| 30 | 48.2 | 1.005 | 48 | 45 | 90 | 18 | 0 | 4.3 | 0 | M | D | |||||
| 32 | 27.8 | 0.898 | 31 | 25 | 95 | 4 | 0 | 5.6 | 0 | M | B | |||||
| 33 | 61.7 | 1.083 | 57 | 35 | 90 | 9 | 0 | 5.5 | 1 | M | E | |||||
| 34 | 27.5 | 0.886 | 31 | 26 | 80 | 2 | 0 | 4.9 | 1 | M | B | |||||
| 38 | 60.1 | 1.054 | 57 | 45 | 95 | 11 | 0 | 4.5 | 0 | M | E | |||||
| 40 | 25.1 | 1.090 | 23 | 24 | 90 | 2 | 0 | 6.3 | 0 | M | A | |||||
| 41 | 38.8 | 0.971 | 40 | 25 | 80 | 5 | 0 | 4.3 | 0 | M | C | |||||
| 44 | 64.4 | 1.129 | 57 | 45 | 90 | 16 | 0 | 5.2 | 1 | M | E | |||||
| 46 | 68.7 | 1.205 | 57 | 39 | 75 | 20 | 0 | 3.9 | 1 | M | E | |||||
| 47 | 59.6 | 1.045 | 57 | 37 | 95 | 5 | 0 | 5.5 | 1 | M | E | |||||
| 49 | 69.1 | 1.213 | 57 | 41 | 95 | 21 | 0 | 6.6 | 0 | M | E | |||||
| 50 | 65.2 | 1.143 | 57 | 38 | 80 | 12 | 0 | 4.6 | 0 | M | E |
Sheet1
| SUMMARY OUTPUT | SUMMARY OUTPUT | |||||||||||||||||
| Regression Statistics | Regression Statistics | |||||||||||||||||
| Multiple R | 0.7050179484 | Multiple R | 0.9931286935 | |||||||||||||||
| R Square | 0.4970503076 | R Square | 0.9863046018 | |||||||||||||||
| Adjusted R Square | 0.4132253589 | Adjusted R Square | 0.9840220355 | |||||||||||||||
| Standard Error | 0.0561252686 | Standard Error | 2.4352822665 | |||||||||||||||
| Observations | 50 | Observations | 50 | |||||||||||||||
| ANOVA | ANOVA | |||||||||||||||||
| df | SS | MS | F | Significance F | df | SS | MS | F | Significance F | |||||||||
| Regression | 7 | 0.1307500775 | 0.0186785825 | 5.9296225662 | 0.0000782906 | Regression | 7 | 17938.424611863 | 2562.632087409 | 432.1033638177 | 5.29906273684337E-37 | |||||||
| Residual | 42 | 0.1323019225 | 0.0031500458 | Residual | 42 | 249.085188137 | 5.9305997175 | |||||||||||
| Total | 49 | 0.263052 | Total | 49 | 18187.5098 | |||||||||||||
| Coefficients | Standard Error | t Stat | P-value | Lower 95% | Upper 95% | Lower 95.0% | Upper 95.0% | Coefficients | Standard Error | t Stat | P-value | Lower 95% | Upper 95% | Lower 95.0% | Upper 95.0% | |||
| Intercept | 0.9486238772 | 0.0817167716 | 11.6086803119 | 0 | 0.7837127557 | 1.1135349987 | 0.7837127557 | 1.1135349987 | Intercept | -4.8714544587 | 3.54570071 | -1.3739045839 | 0.1767599037 | -12.0269681853 | 2.2840592678 | -12.0269681853 | 2.2840592678 | |
| Mid | 0.0034995027 | 0.0006492568 | 5.3900133356 | 0.0000029767 | 0.0021892495 | 0.0048097559 | 0.0021892495 | 0.0048097559 | Mid | 1.2284155048 | 0.0281713308 | 43.6051641629 | 1.32019333894083E-36 | 1.1715634576 | 1.2852675521 | 1.1715634576 | 1.2852675521 | |
| Age | 0.0005527738 | 0.0014459446 | 0.3822925256 | 0.7041721007 | -0.0023652605 | 0.0034708081 | -0.0023652605 | 0.0034708081 | Age | 0.0368279425 | 0.0627397124 | 0.5869957178 | 0.5603489282 | -0.0897859231 | 0.1634418081 | -0.0897859231 | 0.1634418081 | |
| EES | -0.0018462553 | 0.0010252155 | -1.8008461371 | 0.0789105539 | -0.0039152239 | 0.0002227133 | -0.0039152239 | 0.0002227133 | EES | -0.0821579785 | 0.0444842245 | -1.8469014451 | 0.0718147225 | -0.171930778 | 0.007614821 | -0.171930778 | 0.007614821 | |
| SR | -0.0004182288 | 0.0018278101 | -0.2288141345 | 0.820123898 | -0.004106899 | 0.0032704414 | -0.004106899 | 0.0032704414 | SR | -0.0778484529 | 0.079308905 | -0.9815852701 | 0.3319249969 | -0.2379003029 | 0.0822033971 | -0.2379003029 | 0.0822033971 | |
| G | 0.0646649961 | 0.0183396697 | 3.5259629624 | 0.001034866 | 0.0276540443 | 0.101675948 | 0.0276540443 | 0.101675948 | G | 2.9145083112 | 0.7957605113 | 3.6625445343 | 0.000693549 | 1.3085985836 | 4.5204180389 | 1.3085985836 | 4.5204180389 | |
| Raise | 0.0146549564 | 0.0139088976 | 1.0536389608 | 0.2980722322 | -0.0134143354 | 0.0427242483 | -0.0134143354 | 0.0427242483 | Raise | 0.6763294824 | 0.6035087689 | 1.1206622295 | 0.2687988764 | -0.5416005215 | 1.8942594864 | -0.5416005215 | 1.8942594864 | |
| Deg | 0.0014675988 | 0.0161098249 | 0.0910996125 | 0.9278465471 | -0.0310433441 | 0.0339785418 | -0.0310433441 | 0.0339785418 | Deg | 0.0345044482 | 0.6990072742 | 0.0493620731 | 0.9608647532 | -1.3761493419 | 1.4451582383 | -1.3761493419 | 1.4451582383 |
Week 3
| ANOVA | Three Questions | |||||||||||||||||
| Remember to show how you got your results in the appropriate cells. For questions using functions, show the input range when asked. | ||||||||||||||||||
| 1 | Group name: | G1 | G2 | G3 | G4 | G5 | G6 | |||||||||||
| One interesting question is are the average compa-ratios equal across salary ranges of 10K each. | Salary Intervals: | 22-29 | 30-39 | 40-49 | 50-59 | 60-69 | 70-79 | |||||||||||
| While compa-ratios remove the impact of grade on salaries, are they different for different pay levels, | Compa-ratio values: | |||||||||||||||||
| that is are people at different levels paid differently relative to the midpoint? (Put data values at right.) | ||||||||||||||||||
| What is the data input ranged used for this question: | ||||||||||||||||||
| Step 1: | Ho: | |||||||||||||||||
| Ha: | ||||||||||||||||||
| Step 2: | Decision Rule: | |||||||||||||||||
| Step 3: | Statistical test: | |||||||||||||||||
| Why? | ||||||||||||||||||
| Step 4: | Conduct the test - place cell b16 in the output location box. | |||||||||||||||||
| Step 5: | Conclusions and Interpretation | |||||||||||||||||
| What is the p-value? | ||||||||||||||||||
| Is P-value < 0.05? | ||||||||||||||||||
| What is your decision: REJ or NOT reject the null? | ||||||||||||||||||
| If the null hypothesis was rejected, what is the effect size value (eta squared)? | ||||||||||||||||||
| If calculated, what does the effect size value tell us about why the null hypothesis was rejected? | ||||||||||||||||||
| What does that decision mean in terms of our equal pay question? | ||||||||||||||||||
| 2 | ||||||||||||||||||
| If the null hypothesis in question 1 was rejected, which pairs of means differ? | Why? | |||||||||||||||||
| Groups Compared | Diff | T | +/- Term | Low | to | High | Difference Significant? | Why? | ||||||||||
| G1 G2 | ||||||||||||||||||
| G1 G3 | ||||||||||||||||||
| G1 G4 | ||||||||||||||||||
| G1 G5 | ||||||||||||||||||
| G1 G6 | ||||||||||||||||||
| G2 G3 | ||||||||||||||||||
| G2 G4 | ||||||||||||||||||
| G2 G5 | ||||||||||||||||||
| G2 G6 | ||||||||||||||||||
| G3 G4 | ||||||||||||||||||
| G3 G5 | ||||||||||||||||||
| G3 G6 | ||||||||||||||||||
| G4 G5 | ||||||||||||||||||
| G4 G6 | ||||||||||||||||||
| G5 G6 | ||||||||||||||||||
| 3 | ||||||||||||||||||
| Since compa is already a measure of pay for equal work, do these results impact | ||||||||||||||||||
| your conclusion on equal pay for equal work? Why or why not? | ||||||||||||||||||
Week 4
| Regression and Corellation | Five Questions | Compa-ratio | Midpoint | Age | Performance Rating | Service | Raise | Degree | Gender | |||||||||||||||||
| Remember to show how you got your results in the appropriate cells. For questions using functions, show the input range when asked. | ||||||||||||||||||||||||||
| 1 | Create a correlation table using Compa-ratio and the other interval level variables, except for Salary. | |||||||||||||||||||||||||
| Suggestion, place data in columns T - Y. | ||||||||||||||||||||||||||
| What range was placed in the Correlation input range box: | ||||||||||||||||||||||||||
| Place C9 in output box. | ||||||||||||||||||||||||||
| b | What are the statistically significant correlations related to Compa-ratio? | T = | Significant r = | |||||||||||||||||||||||
| c | Are there any surprises - correlations you though would be significant and are not, or non significant correlations you thought would be? | |||||||||||||||||||||||||
| d | Why does or does not this information help answer our equal pay question? | |||||||||||||||||||||||||
| 2 | Perform a regression analysis using compa as the dependent variable and the variables used in Q1 along with | |||||||||||||||||||||||||
| including the dummy variables. Show the result, and interpret your findings by answering the following questions. | ||||||||||||||||||||||||||
| Suggestion: Place the dummy variables values to the right of column Y. | ||||||||||||||||||||||||||
| What range was placed in the Regression input range box: | ||||||||||||||||||||||||||
| Note: be sure to include the appropriate hypothesis statements. | ||||||||||||||||||||||||||
| Regression hypotheses | ||||||||||||||||||||||||||
| Ho: | ||||||||||||||||||||||||||
| Ha: | ||||||||||||||||||||||||||
| Coefficient hyhpotheses (one to stand for all the separate variables) | ||||||||||||||||||||||||||
| Ho: | ||||||||||||||||||||||||||
| Ha: | ||||||||||||||||||||||||||
| Place B36 in output box. | ||||||||||||||||||||||||||
| Interpretation: | ||||||||||||||||||||||||||
| For the Regression as a whole: | ||||||||||||||||||||||||||
| What is the value of the F statistic: | ||||||||||||||||||||||||||
| What is the p-value associated with this value: | ||||||||||||||||||||||||||
| Is the p-value < 0.05? | ||||||||||||||||||||||||||
| What is your decision: REJ or NOT reject the null? | ||||||||||||||||||||||||||
| What does this decision mean? | ||||||||||||||||||||||||||
| For each of the coefficients: | Midpoint | Age | Perf. Rat. | Service | Gender | Degree | ||||||||||||||||||||
| What is the coefficient's p-value for each of the variables: | ||||||||||||||||||||||||||
| Is the p-value < 0.05? | ||||||||||||||||||||||||||
| Do you reject or not reject each null hypothesis: | ||||||||||||||||||||||||||
| What are the coefficients for the significant variables? | ||||||||||||||||||||||||||
| Using the intercept coefficient and only the significant variables, what is the equation? | Compa-ratio = | |||||||||||||||||||||||||
| Is gender a significant factor in compa-ratio? | ||||||||||||||||||||||||||
| Regardless of statistical significance, who gets paid more with all other things being equal? | ||||||||||||||||||||||||||
| How do we know? | ||||||||||||||||||||||||||
| 3 | What does regression analysis show us about analyzing complex measures? | |||||||||||||||||||||||||
| 4 | Between the lecture results and your results, what else would you like to know | |||||||||||||||||||||||||
| before answering our question on equal pay? Why? | ||||||||||||||||||||||||||
| 5 | Between the lecture results and your results, what is your answer to the question | |||||||||||||||||||||||||
| of equal pay for equal work for males and females? Why? | ||||||||||||||||||||||||||