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BUS 308 STATISTICS FOR MANAGERS Week 1 Problem Set Answers (2019)

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BUS 308 STATISTICS FOR MANAGERS Week 1 Problem Set Answers (2019)

ID Salary
Compa-ratio
Midpoint Age
Performance Rating
Service Gender Raise Degree Gender1 Grade
1 58,5 1,027 57 34 85 8 0 5,7 0 M E The ongoing question that the weekly assignments will focus on is: Are males and females paid the same for equal work (under the Equal Pay Act)?
2 27,4 0,885 31 52 80 7 0 3,9 0 M B Note: to simplfy the analysis, we will assume that jobs within each grade comprise equal work.
3 36,2 1,169 31 30 75 5 1 3,6 1 F B
4 61,3 1,075 57 42 100 16 0 5,5 1 M E The column labels in the table mean:
5 47,2 0,984 48 36 90 16 0 5,7 1 M D ID – Employee sample number Salary – Salary in thousands
6 74,2 1,108 67 36 70 12 0 4,5 1 M F Age – Age in years Performance Rating - Appraisal rating (employee evaluation score)
7 43 1,074 40 32 100 8 1 5,7 1 F C Service – Years of service (rounded) Gender – 0 = male, 1 = female
8 24,1 1,046 23 32 90 9 1 5,8 1 F A Midpoint – salary grade midpoint Raise – percent of last raise
9 76,6 1,143 67 49 100 10 0 4 1 M F Grade – job/pay grade Degree (0= BSBA 1 = MS)
10 23,2 1,009 23 30 80 7 1 4,7 1 F A Gender1 (Male or Female) Compa-ratio - salary divided by midpoint
11 23,3 1,011 23 41 100 19 1 4,8 1 F A

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