QMB 3250 Florida State College at Jacksonville Data Analysis & Descriptive Statistics Worksheet
For this assignment, you will conduct research to gather data on career salaries, and you will practice analyzing that data using descriptive statistics.Go to http://jobsearch.monster.com. (Links to an external site.) Choose any job category and location. Then look through the first 30 jobs listed and record the annual salaries (assume 40 hours/week, 50 weeks/year, 2000 hours/year). Then change ONE of the parameters (either the job category OR the location but not both) and collect another 30 salaries (Do not use the results if fewer than 20 jobs are listed.)Compute the descriptive statistics and create a frequency distribution for the two sets of salaries. Be sure to tell us the range, 1st quartile, 3rd quartile, interquartile range, mean, median, and mode. Also, using the standard error formula, what is the upper level and lower level at 95% confidence and what is your conclusion? You may also want to get data from http://www.glassdoor.com/Salaries (Links to an external site.); this site provides a lot of salary information by title and location. You have to sign up for an account, but that's quick and free. You can also use your own sources as long as you provide us with the link.Once you have completed your calculations, write a 1–2 paragraph summary of your findings. Describe the variables you chose and the typical salaries you found. How did the data change when you changed the parameters? What comparison conclusions can you draw from your findings? Your summary write-up should show your understanding of the analysis method and should be clearly written using formal English and APA style.You should submit your work as an Excel spreadsheet. Place your summary in a separate tab in the Excel file.SubmissionThis assignment requires a file upload submission. After you have reviewed the assignment instructions and rubric, as applicable, complete your submission by selecting the Submit Assignment button next to the assignment title.GradingThis assignment is worth 40 points toward your final grade and will be graded using the Data Analysis Assignment Rubric. Please use it as a guide toward successful completion of this assignment. For information on how to view the rubric, refer to this Canvas Community Guide (Links to an external site.).RubricData Analysis Assignment RubricData Analysis Assignment RubricCriteriaRatingsPtsThis criterion is linked to a Learning OutcomeAnalytical Composition20.0 to >17.0 ptsExemplaryAssignment includes thoroughly documented elements as provided in the assignment requirements. Including but, not limited to, a clear understanding and interpretation of the table results, identification of notable patterns, trends, relationships, associations, as well the use of academic sources and a summary of the results wherein a clear understanding is evident. The work reflects organized thought, dialectic reflection, and higher-order thinking.17.0 to >14.0 ptsMeets ExpectationsAssignment includes documented elements as provided in the assignment requirements. Including but, not limited to, a clear understanding and interpretation of the table results, identification of notable patterns, trends, relationships, associations, as well the use of academic sources and a summary of the results wherein a clear understanding is evident. Overall, the work reflects organized thought, dialectic reflection, and higher-order thinking.14.0 to >9.0 ptsDevelopingAssignment document most elements as provided in the assignment requirements with particular parts including but not limited to, a clear understanding and interpretation of the table results, identification of notable patterns, trends, relationships, associations, as well the use of academic sources. A summary of the results doesn’t provide a clear understanding. The analysis is not well-done, but does contain some indication of organized thought and higher-order thinking.9.0 to >4.0 ptsNoviceAssignment fails to document elements as provided in the assignment requirements. Particular parts including but not limited to, a clear understanding and interpretation of the table results, identification of notable patterns, trends, relationships, associations, as well the use of academic sources and a summary of the results are poorly done. The analysis composition is poor, and the work contains minimal thought.4.0 to >0 ptsBelow ExpectationsAssignment fails to document elements as provided in the assignment requirements. Particular parts including but not limited to, a clear understanding and interpretation of the table results, identification of notable patterns, trends, relationships, associations, as well the use of academic sources and a summary of the results are totally absent. The analysis composition is totally absent, and the work does not contain the organized thought and higher-order thinking.20.0 ptsThis criterion is linked to a Learning OutcomeTechnical Composition10.0 to >8.0 ptsExemplaryAssignment provides properly displayed and APA formatted table(s), as well as correct hypotheses (null and alternate) which provide necessary elements8.0 to >6.0 ptsMeets ExpectationsAssignment provides tables, but minor errors exist in both the display and/or APA format table(s). Hypotheses both null and alternate are provided, but minor errors in content or format exist.6.0 to >4.0 ptsDevelopingAssignment provides tables, but numerous errors exist in both the display and/or APA format table(s). Hypotheses both null and alternate are provided, but numerous errors in content or format exist.4.0 to >0.0 ptsNoviceTables and hypotheses are either poorly done or totally absent from the assignment0.0 ptsBelow ExpectationsNot submitted10.0 ptsThis criterion is linked to a Learning OutcomeStyle, Format, Organization and Grammar10.0 to >8.0 ptsExemplaryFollows APA writing style and basic rules of formal English grammar and written essay style, exhibiting higher levels of critical thinking than memory/recall. Communicates in a cohesive, logical style. Moreover, the document is well organized. The format is easy to follow, flows smoothly from one idea to another, and logically conveys the key ideas. The style remains consistent.8.0 to >6.0 ptsMeets ExpectationsMostly follows APA writing style and basic rules of formal English grammar and written essay style, exhibiting higher levels of critical thinking than memory/recall. Mostly communicates in a cohesive, logical style. Additionally, The document is presented in a thoughtful manner; there is an overall organization, and transitions are easy to follow.6.0 to >4.0 ptsDevelopingAPA writing style and basic rules of formal English grammar and written essay style are followed, but with many minor errors. Generally exhibiting higher levels of critical thinking than memory/recall. Mostly communicates in a cohesive, logical style though sometime confusing. Additionally, The document is presented in a thoughtful manner; there is an overall organization, and most transitions are easy to follow, but at times ideas are unclear.4.0 to >0.0 ptsNoviceDoes not follow APA writing style and basic rules of formal English grammar and written essay style. Does not exhibit higher levels of critical thinking than memory/recall. Does not communicate in a cohesive, logical style. The document is inconsistent and at times unorganized; format is difficult to follow; transitions of ideas are abrupt and distracting.0.0 ptsBelow ExpectationsNot submitted10.0 ptsTotal Points: 40.0PreviousNextBriefly describe your findings from Assignment: Data Analysis 1 for your classmates (be sure to attach your excel file containing the data source and analysis). What did you learn from this process? How could this data analysis technique be useful in making business decisions?