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Statistics for Management Assignment Solution (Doc)

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Added on  2020-10-22

Statistics for Management Assignment Solution (Doc)

   Added on 2020-10-22

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STATISTICS FORMANAGEMENT
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TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1ACTIVITY 1 (LO 1)........................................................................................................................11. Calculating changes in gross annual earnings in public and private sectors...........................1Gross annual earning in public sector (male)..............................................................................1Gross annual earning in public sector (female)...........................................................................1Gross annual earning in private sector (male).............................................................................2Gross annual earnings in private sector (female) .......................................................................22. Analysing male and female gross annual earning among 2010 to 2016.................................23. Analysing the gap between education and finance gross annual earnings..............................34. Examining comparison for better earnings of staff in health and social care and toadministrative staff......................................................................................................................3ACTIVITY 2....................................................................................................................................4A.1 Using ogive for estimating the median hourly earnings and the quartiles...........................4A.2 Calculating the mean and standard deviation for hourly earnings.......................................6(b.) Comparing the earnings between the two regions................................................................7ACTIVITY 3 (LO 3)- CLIENT C...................................................................................................71. Stating a suitable hypothesis for testing the claim..................................................................72. Using a statistical test, determining a mobile phone choice which is independent of annualsalary ..........................................................................................................................................8ACTIVITY 4....................................................................................................................................91. Producing a line chart which indicating both male and female gross annual earnings forpublic and private sectors form the year 2010 to 2016...............................................................9Analysing gross annual earnings of female in both the sectors................................................10CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12
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Statistics for Management Assignment Solution (Doc)_3
INTRODUCTIONStatistics is a concept which considered as the branch of mathematics in order to dealwith data which collected for organisation, analysis, interpretation and for presentation. It ishighly interdisciplinary field which mainly used in the field of research (Keller, 2015). Thus, inthis report evaluation will be conducted on the gross annual earnings in both public and privatesector which has changes since 2010 with gap between the earnings of male and female. Further,calculation will be provided on mean and standard deviation for hourly earnings and evaluationwill also be conducted on earning between the two regions. ACTIVITY 1 (LO 1)1. Calculating changes in gross annual earnings in public and private sectorsGross annual earning in public sector (male)MalePublicChange201031264NA2011313800.37%2012318161.39%2013325412.28%2014328781.04%2015336852.45%2016340110.97%In the above table gross annual earnings of both male and female in private sector hasbeen evaluated which is mainly from the year 2010 to 2016. During the year 2015, there changewith huge proportion has analysed with the 2.45% and in the year 2013 there is higher change inincome of male.Gross annual earning in public sector (female)FemalePublicChange201026113NA2011264701.37%2012266360.63%2013273382.64%2014277051.34%2015279050.72%2016280530.53%1
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