Report on Quantitative Business Techniques: Analysis and Findings

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Added on  2022/12/17

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This report provides an analysis of quantitative business techniques applied to a personnel and recruitment company scenario. The report begins with an introduction to the importance of quantitative techniques in business, followed by a graphical analysis of income level versus years of education, work experience, and number of previous jobs. Correlation analysis is then performed to assess the strength of relationships between these variables, with Pearson correlation coefficients calculated and interpreted. The report then moves on to regression analysis to determine the impact of independent variables (education, experience, and previous jobs) on the dependent variable (income level), including a hypothesis, interpretation, and ANOVA table analysis. The conclusion summarizes the findings, highlighting the impact of education and experience on income, and offers recommendations to the company, such as considering these factors in their income level models and prioritizing candidates with more work experience. Finally, the report includes a list of references used.
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