Categories
Inferential Statistics and Analytics

“Salary Distributions Analysis for Jobs in Minnesota”

Scenario
A major client of your company is interested in the salary distributions of jobs in the state of Minnesota that range from $30,000 to $200,000 per year. As a Business Analyst, your boss asks you to research and analyze the salary distributions. You are given a spreadsheet that contains the following information:
A listing of the jobs by title
The salary (in dollars) for each job
The client needs the preliminary findings by the end of the day. Your boss asks you to first compute some basic statistics and then analyze the results in the four questions given in the Excel spreadsheet.
Instructions
The Excel spreadsheet contains five tabs. The first tab, labeled “data” requires you to calculate all measures of center and variation using the correct Excel formulas. The next four tabs contain questions for you to complete. Ensure that you are completely answering all questions with explanations, and your work is shown when needed.
You must submit the spreadsheet with the completed calculations, answers, and analysis.