# Week 1. Measurement and Description – chapters 1 and 2 1 Measurement issues. Data, even numerically. 1 answer below »

Week 1. Measurement and Description – chapters 1 and 21 Measurement issues. Data, even numerically coded variables, can be one of 4 levels – nominal, ordinal, interval, or ratio. It is important to identify which level a variable is, as this impact the kind of analysis we can do with the data. For example, descriptive statistics such as means can only be done on interval or ratio level data. Please list under each label, the variables in our data set that belong in each group. b. For each variable that you did not call ratio, why did you make that decision?

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Week 1.

Measurement and Description – chapters 1 and 2

Measurement issues. Data, even numerically coded variables, can be one of 4 levels –

nominal, ordinal, interval, or ratio. It is important to identify which level a variable is, as

this impact the kind of analysis we can do with the data. For example, descriptive statistics

such as means can only be done on interval or ratio level data.

Please list under each label, the variables in our data set that belong in each group.

Nominal

Ordinal

Interval

Ratio

b.

For each variable that you did not call ratio, why did you make that decision?

The first step in analyzing data sets is to find some summary descriptive statistics for key variables.

For salary, compa, age, performance rating, and service; find the mean, standard deviation, and range for 3 groups: overall sample, Females, and Males.

You can use either the Data Analysis Descriptive Statistics tool or the Fx =average and =stdev functions.

(the range must be found using the difference between the =max and =min functions with Fx) functions.

Note: Place data to the right, if you use Descriptive statistics, place that to the right as well.

Salary

Compa

Age

Perf. Rat.

Service

Overall

Mean

Standard Deviation

Range

Female

Male

What is the probability for a:

Probability

a. Randomly selected person being a male in grade E?

b. Randomly selected male being in grade E?

Note part b is the same as given a male, what is probabilty of being in grade E?

c. Why are the results different?

For each group (overall, females, and males) find:

a.

The value that cuts off the top 1/3 salary in each group.

Hint: can use these Fx functions

The z score for each value:

Excel’s standize function

c.

The normal curve probability of exceeding this score:

1-normsdist function

d.

What is the empirical probability of being at or exceeding this salary value?

e.

The value that cuts off the top 1/3 compa in each group.

f.

g.

h.

What is the…

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BUS308-Week-1….xlsx