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Assignment_1_ Statistical Analysis

The document outlines an assignment focused on the statistical analysis of an organizational dataset containing employee information such as age, salary, department, and years of experience. It includes calculations of central tendency and dispersion for various numerical columns, as well as data visualizations to interpret findings. Key insights reveal variability in salaries, a positive skew in performance scores, and a strong correlation between years of experience and salary.

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0% found this document useful (0 votes)
10 views

Assignment_1_ Statistical Analysis

The document outlines an assignment focused on the statistical analysis of an organizational dataset containing employee information such as age, salary, department, and years of experience. It includes calculations of central tendency and dispersion for various numerical columns, as well as data visualizations to interpret findings. Key insights reveal variability in salaries, a positive skew in performance scores, and a strong correlation between years of experience and salary.

Uploaded by

sunnyporus01
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Assignment -1: Statistical Analysis of Organizational Dataset

Title: Statistical Analysis of Organizational Dataset


Course: MBA ZC417 - Quantitative Methods
Student Name: RISHABH KANASKAR
Student ID: 2024HB58518
Date of Submission: 26-02-2025

Dataset Name: Organizational Employee Data


Description: This dataset contains information about employees in an organization, including
their age, salary, department, and years at the company.
Variables:
• Employee ID: Unique identifier for each employee
• Age: The age of the employee
• Salary: Annual salary of the employee
• Department: Department where the employee works (HR, Finance, IT, Marketing)

Purpose: The dataset provides a comprehensive overview of the employee demographics and
compensation within the organization. It is useful for analyzing various aspects such as age
distribution, salary distribution, and departmental composition.
DATASET

Years of Performance Employe Years of Performance


Employee ID Age Department Salary Age Department Salary
Experience Score e ID Experience Score
EMP00125 22 Marketing 1 ₹ 44,254.00 64 EMP00175 26 HR 5 ₹ 68,395.00 71
EMP00126 25 Marketing 4 ₹ 81,939.00 38 EMP00176 53 HR 32 ₹ 90,155.00 69
EMP00127 25 Marketing 4 ₹ 1,19,236.00 83 EMP00177 23 HR 2 ₹ 68,214.00 68
EMP00128 31 Finance 10 ₹ 67,073.00 70 EMP00178 23 Finance 2 ₹ 30,469.00 37
EMP00129 41 Finance 20 ₹ 53,310.00 90 EMP00179 57 Marketing 36 ₹ 73,295.00 79
EMP00130 43 Finance 22 ₹ 61,785.00 86 EMP00180 33 Marketing 12 ₹ 1,04,253.00 59
EMP00131 58 Marketing 37 ₹ 94,570.00 73 EMP00181 40 HR 19 ₹ 64,488.00 73
EMP00132 45 Marketing 24 ₹ 1,10,577.00 44 EMP00182 49 Marketing 28 ₹ 68,040.00 59
EMP00133 28 IT 7 ₹ 86,356.00 93 EMP00183 22 IT 1 ₹ 46,975.00 61
EMP00134 46 IT 25 ₹ 53,306.00 88 EMP00184 36 IT 15 ₹ 45,912.00 42
EMP00135 46 IT 25 ₹ 66,950.00 90 EMP00185 57 Finance 36 ₹ 58,086.00 71
EMP00136 34 HR 13 ₹ 1,08,696.00 86 EMP00186 34 Finance 13 ₹ 1,12,127.00 38
EMP00137 23 Marketing 2 ₹ 1,08,696.00 36 EMP00187 42 Finance 21 ₹ 45,115.00 67
EMP00138 45 Marketing 24 ₹ 1,09,904.00 52 EMP00188 33 IT 12 ₹ 1,09,983.00 61
EMP00139 46 Finance 25 ₹ 1,00,838.00 58 EMP00189 26 Finance 5 ₹ 82,573.00 32
EMP00140 39 IT 18 ₹ 63,920.00 40 EMP00190 28 Finance 7 ₹ 94,223.00 42
EMP00141 59 Marketing 38 ₹ 1,18,870.00 59 EMP00191 26 HR 5 ₹ 41,052.00 84
EMP00142 47 Finance 26 ₹ 1,09,128.00 96 EMP00192 25 Finance 4 ₹ 45,741.00 94
EMP00143 35 Marketing 14 ₹ 63,538.00 56 EMP00193 34 IT 13 ₹ 87,368.00 34
EMP00144 30 Marketing 9 ₹ 1,11,411.00 48 EMP00194 58 Finance 37 ₹ 73,986.00 56
EMP00145 31 Finance 10 ₹ 38,286.00 45 EMP00195 36 Finance 15 ₹ 35,103.00 53
EMP00146 42 Finance 21 ₹ 48,728.00 89 EMP00196 37 HR 16 ₹ 65,050.00 81
EMP00147 38 Finance 17 ₹ 43,640.00 86 EMP00197 42 HR 21 ₹ 31,740.00 41
EMP00148 27 HR 6 ₹ 98,627.00 82 EMP00198 57 Finance 36 ₹ 85,270.00 71
EMP00149 37 IT 16 ₹ 75,663.00 95 EMP00199 45 Finance 24 ₹ 42,579.00 54
EMP00150 22 IT 1 ₹ 33,912.00 43 EMP00200 37 IT 16 ₹ 1,01,382.00 85
EMP00151 40 HR 19 ₹ 80,586.00 62 EMP00201 35 Marketing 14 ₹ 77,805.00 68
EMP00152 57 Finance 36 ₹ 1,02,130.00 84 EMP00202 43 Marketing 22 ₹ 50,165.00 78
EMP00153 46 Finance 25 ₹ 51,752.00 50 EMP00203 27 Finance 6 ₹ 32,775.00 33
EMP00154 51 HR 30 ₹ 89,715.00 37 EMP00204 57 Marketing 36 ₹ 1,14,523.00 82
EMP00155 41 Marketing 20 ₹ 1,19,068.00 58 EMP00205 22 Marketing 1 ₹ 60,752.00 47
EMP00156 41 HR 20 ₹ 37,997.00 44 EMP00206 53 Marketing 32 ₹ 1,19,099.00 75
EMP00157 36 HR 15 ₹ 83,006.00 61 EMP00207 27 IT 6 ₹ 1,09,464.00 54
EMP00158 54 Marketing 33 ₹ 70,800.00 41 EMP00208 52 IT 31 ₹ 1,01,892.00 41
EMP00159 23 IT 2 ₹ 45,620.00 60 EMP00209 22 Finance 1 ₹ 63,930.00 35
EMP00160 31 Finance 10 ₹ 1,00,381.00 76 EMP00210 58 IT 37 ₹ 76,774.00 70
EMP00161 54 IT 33 ₹ 84,268.00 31 EMP00211 56 Marketing 35 ₹ 58,651.00 45
EMP00162 53 Finance 32 ₹ 99,069.00 40 EMP00212 51 IT 30 ₹ 92,885.00 86
EMP00163 32 IT 11 ₹ 98,473.00 33 EMP00213 25 HR 4 ₹ 45,997.00 46
EMP00164 45 HR 24 ₹ 72,512.00 86 EMP00214 56 Marketing 35 ₹ 95,180.00 89
EMP00165 57 IT 36 ₹ 49,608.00 62 EMP00215 35 Marketing 14 ₹ 1,04,498.00 42
EMP00166 33 HR 12 ₹ 1,00,557.00 47 EMP00216 43 Finance 22 ₹ 93,003.00 63
EMP00167 50 Finance 29 ₹ 47,340.00 49 EMP00217 31 Finance 10 ₹ 1,15,971.00 67
EMP00168 56 Finance 35 ₹ 31,913.00 84 EMP00218 22 Finance 1 ₹ 64,009.00 81
EMP00169 22 Finance 1 ₹ 82,086.00 71 EMP00219 32 IT 11 ₹ 73,671.00 89
EMP00170 22 HR 1 ₹ 43,429.00 70 EMP00220 45 Finance 24 ₹ 99,939.00 31
EMP00171 58 Marketing 37 ₹ 43,907.00 84 EMP00221 24 Finance 3 ₹ 47,582.00 49
EMP00172 27 HR 6 ₹ 65,489.00 64 EMP00222 56 Finance 35 ₹ 59,844.00 94
EMP00173 39 Marketing 18 ₹ 40,088.00 86 EMP00223 57 IT 36 ₹ 1,14,917.00 39
EMP00174 37 HR 16 ₹ 45,588.00 76 EMP00224 52 HR 31 ₹ 68,429.00 89
Measures of Central Tendency and Dispersion:

Central Tendency
Calculating the following measures of central tendency for the numerical columns (Age, Years of Experience, Salary,
Performance Score):

1. Mean: The average value.

2. Median: The middle value when the data is sorted.

3. Mode: The most frequently occurring value.

Central Tendency Mean Median Mode


Age 39.4 38.5 22
Salary ₹ 75,171.90 ₹ 74,087.50 ₹ 1,08,696.00
Years of Experience 18.4 18.5 1
Performance Score 64.92 63 86

Dispersion
Calculate the following measures of dispersion for the numerical columns:

1. Range: The difference between the maximum and minimum values.

2. Variance: The average of the squared differences from the Mean.

3. Standard Deviation: The square root of the variance.

Central Tendency Range Variance Standard Deviation


Age 37 140.53 11.85
Salary ₹ 88,767.00 687744635.20 26224.89
Years of Experience 37 140.53 11.85
Performance Score 65 367.29 19.16
Data Visualization

1. Bar Chart: Show the average performance score by department.

2. Histogram: Show the distribution of ages.


3. Scatter Plot: Show the relationship between years of experience and monthly salary.

Interpretation

• The average monthly salary is ₹74719.24, with a standard deviation of ₹26224.89, indicating variability in
salaries across departments.
• The performance scores are positively skewed, with most employees scoring above 60.

• There is a strong positive correlation between years of experience and monthly salary.

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