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BUS 308 Week 5 Problem Set Week Five - ORIGINAL

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BUS 308 Week 5 Problem Set Week Five;Problem Set Week Five.;1. Create a correlation table for the variables in our Employee Salary Data Set. (Use analysis ToolPak or StatPlus:mac LE function Correlation.) Interpret the results.;a. What variables seem to be important in seeing if we pay males and females equally for equal work?;2. Below is a regression analysis for salary being predicted/explained by the other variables in our sample (Mid, age, ees, sr, raise, and deg variables.);Note: since salary and compa are different ways of expressing an employee?s salary, we do not want to have both used in the same regression.;3. Perform a regression analysis using compa as the dependent variable and the same independent variables as used in question 2. Show the result, and interpret your findings by answering the same questions.;Note: be sure to include the appropriate hypothesis statements;4. Based on all of your results to date, is gender a factor in the pay practices of this company? Why or why not? Which is the best variable to use in analyzing pay practices ? salary or compa? Why?;5. Why did the single factor tests and analysis (such as t and single factor ANOVA tests on salary equality) not provide a complete answer to our salary equality question? What outcomes in your life or work might benefit from a multiple regression examination rather than a simpler one variable test?

 

Paper#81079 | Written in 18-Jul-2015

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