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Q1) What is the profile of the students who were enrolled in this MBA Program?
(Hint: Ask yourself what type of information would you like to have if you were
considering enrolling in their MBA program)
Ans: I would to know about the student
1.
2.
3.
4.
Age
Total Gmat score
Year of working experience
Language chosen
Q2) Provide the following summary statistics and graphical information on their
starting salary & degree of satisfaction:
a)
b)
c)
d)
e)
f)
g)
h)
i)
Mean
Median
Standard Deviation
Minimum
Maximum
Range
Histogram
Response Rate (no of people who answered the question(s) vs total students)
Scatterplot & Correlation between their salary and their degree of satisfaction
Statistics
salary
N
Valid
satis
193
228
81
46
Mean
5.50E4
5.57
Median
8.50E4
6.00
5.315E4
.980
220000
Minimum
Maximum
220000
Missing
Std. Deviation
Range
g)
j) Correlation:
Correlations
salary
salary
Pearson Correlation
satis
1
Sig. (2-tailed)
N
satis
.030
193
193
Pearson Correlation
.156*
Sig. (2-tailed)
.030
193
k)
.156*
228
Q3) Provide the following summary statistics on starting salary & degree of
satisfaction for males and females:
a)
b)
c)
d)
e)
f)
Mean
Median
Standard Deviation
Minimum
Maximum
Range
Table 1
salary
Standard
Mean
sex
Median
Minimum
Maximum
Range
Deviation
54373
88500
162000
162000
53547
56560
85000
220000
220000
52587
Which gender earns more on average? Compare and comment on the dispersion of
salaries for both male and females.
On average female earn more than male but more dispersion can be found in male
that is 53547
Q4) Provide the following summary statistics on starting salary & degree of
satisfaction for those whose first language is English and for those whose first
language is not English:
a)
b)
c)
d)
e)
f)
Mean
Median
Standard Deviation
Minimum
Maximum
Range
Which group earns more on average? Compare and comment on the dispersion of
salaries for both those whose first language is English and for those whose first
language is not English.
Report
frstlang
1
salary
Mean
5.49E4
5.66
5.187E4
.904
8.50E4
6.00
Minimum
Maximum
162000
Range
162000
Mean
5.63E4
4.79
6.873E4
1.250
.00
5.00
Minimum
Maximum
220000
Range
220000
Mean
5.50E4
5.57
5.315E4
.980
8.50E4
6.00
Minimum
Maximum
220000
Range
220000
Std. Deviation
Median
Std. Deviation
Median
Total
satis
Std. Deviation
Median
Q5) In Questions 2, 3 & 4, did you exclude any observations? If so, then which ones
were excluded, why were they excluded and how did you exclude them? If not, then
explain why not?
Q6) Can starting salaries be predicted based on this data? If so, then state how. Run
any data analysis procedures you think are need in order to predict starting salaries.
Variables Entered/Removedb
Model
1
Variables
Variables
Entered
Removed
quarter,
Method
. Enter
work_yrsa
a. All requested variables entered.
b. Dependent Variable: salary
Model Summary
Model
R Square
.164a
Adjusted R
Square
Estimate
.027
.017
52706.864
ANOVAb
Model
1
Sum of Squares
df
Mean Square
Regression
1.461E10
7.306E9
Residual
5.278E11
190
2.778E9
Total
5.424E11
192
F
2.630
Sig.
.075a
Coefficientsa
Standardized
Unstandardized Coefficients
Model
1
Std. Error
(Constant)
77339.436
10520.343
work_yrs
-1052.814
1039.650
quarter
-7533.586
3472.900
Coefficients
Beta
Sig.
Lower Bound
Upper Bound
7.351
.000
56587.763
98091.108
-.073
-1.013
.313
-3103.552
997.925
-.156
-2.169
.031
-14383.980
-683.192