Moraine Valley Community College Importance of the Measures of Center Questions

Question Description

Competency

Examine basic descriptive statistics, and demonstrate results using calculated values and statistical charts.

Instructions

Scenario (information repeated for deliverable 01, 03, and 04)

Amajor client of your company is interested in the salary distributionsof jobs in the state of Minnesota that range from $30,000 to $200,000per year. As a Business Analyst, your boss asks you to research andanalyze the salary distributions. You are given a spreadsheet that contains the following information:

A listing of the jobs by title
The salary (in dollars) for each job

The client needs the preliminary findings by the end of the day, and your boss asks you to first compute some basic statistics.

Background information on the Data

Thedata set in the spreadsheet consists of 364 records that you will beanalyzing from the Bureau of Labor Statistics. The data set contains alisting of several jobs titles with yearly salaries ranging fromapproximately $30,000 to $200,000 for the state of Minnesota.

What to Submit

Yourboss wants you to submit the spreadsheet with the completedcalculations. Your research and analysis should be present within theanswers provided on the worksheet.

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