Chat with us, powered by LiveChat Scenario (information repeated for deliverable 01, 03, and 04) 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 | Credence Writers
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Scenario (information repeated for deliverable 01, 03, and 04)

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 (see attached) that contains the following information:

  • A listing of the jobs by title
  • The salary (in dollars) for each job

You have previously explained some of the basic statistics to your client already, and he really liked your work. Now he wants you to analyze the confidence intervals.

Background information on the Data

The data set in the spreadsheet consists of 364 records that you will be analyzing from the Bureau of Labor Statistics. The data set contains a listing of several jobs titles with yearly salaries ranging from approximately $30,000 to $200,000 for the state of Minnesota.

What to Submit

Your boss wants you to submit the *Excel spreadsheet* with the completed calculations. Your research and analysis should be present within the answers provided on the worksheet. (see attached).

**PLEASE READ** You should have one excel spreadsheet with the completed calculations AND The answer and explanations in the worksheet (Microsoft Word document). The worksheet will reference “Deliverable 1” – I have attached Deliverable 1 answers

Data

Job Title Salary
Accountants and Auditors $ 71,420 source: http://www.bls.gov/
Actuaries $ 99,870
Administrative Law Judges, Adjudicators, and Hearing Officers $ 112,660
Administrative Services Managers $ 93,150 Measure of Center
Adult Basic and Secondary Education and Literacy Teachers and Instructors $ 54,890 Mean $ 71,879.40
Advertising and Promotions Managers $ 136,840 Median $ 66,525.00
Advertising Sales Agents $ 63,000 Modes $ 71,420.00 $ 35,750.00 $ 72,850.00 $ 64,880.00 $ 65,290.00
Aerospace Engineering and Operations Technicians $ 69,230
Aerospace Engineers $ 109,960
Agents and Business Managers of Artists, Performers, and Athletes $ 85,910 Measure of Variation
Agricultural and Food Science Technicians $ 42,540 Mid-range $ 66,525.00
Agricultural Inspectors $ 39,700 Range $ 167,760.00
Agricultural Sciences Teachers, Postsecondary $ 92,010 Variance 546,033,522
Air Traffic Controllers $ 128,980 Standard Deviation $ 23,367.36
Aircraft Cargo Handling Supervisors $ 57,690
Aircraft Structure, Surfaces, Rigging, and Systems Assemblers $ 48,860
Airfield Operations Specialists $ 55,190
Airline Pilots, Copilots, and Flight Engineers $ 101,050
Anthropologists and Archeologists $ 56,640
Appraisers and Assessors of Real Estate $ 71,530
Arbitrators, Mediators, and Conciliators $ 91,560
Architects, Except Landscape and Naval $ 85,930
Architectural and Civil Drafters $ 53,290
Architecture and Engineering Occupations $ 80,770
Architecture Teachers, Postsecondary $ 79,040
Archivists $ 49,970
Art Directors $ 85,820
Art, Drama, and Music Teachers, Postsecondary $ 70,390
Athletic Trainers $ 48,990
Atmospheric and Space Scientists $ 99,860
Atmospheric, Earth, Marine, and Space Sciences Teachers, Postsecondary $ 93,990
Audiologists $ 81,010
Avionics Technicians $ 55,680
Biomedical Engineers $ 108,290
Boilermakers $ 71,230
Broadcast News Analysts $ 73,660
Brokerage Clerks $ 48,850
Budget Analysts $ 75,010
Business and Financial Operations Occupations $ 72,420
Business Operations Specialists, All Other $ 69,870
Business Teachers, Postsecondary $ 90,540
Buyers and Purchasing Agents, Farm Products $ 62,290
Camera and Photographic Equipment Repairers $ 41,910
Captains, Mates, and Pilots of Water Vessels $ 67,220
Cardiovascular Technologists and Technicians $ 65,850
Career/Technical Education Teachers, Middle School $ 61,970
Career/Technical Education Teachers, Secondary School $ 64,740
Cargo and Freight Agents $ 45,820
Cartographers and Photogrammetrists $ 69,020
Chefs and Head Cooks $ 48,290
Chemical Engineers $ 86,360
Chemical Equipment Operators and Tenders $ 41,520
Chemical Plant and System Operators $ 48,830
Chemical Technicians $ 53,650
Chemistry Teachers, Postsecondary $ 88,390
Chemists $ 85,030
Child, Family, and School Social Workers $ 54,310
Chiropractors $ 79,250
Civil Engineers $ 87,310
Claims Adjusters, Examiners, and Investigators $ 62,230
Clinical, Counseling, and School Psychologists $ 82,130
Coil Winders, Tapers, and Finishers $ 33,490
Commercial and Industrial Designers $ 63,710
Commercial Pilots $ 83,220
Communications Equipment Operators, All Other $ 40,600
Communications Teachers, Postsecondary $ 66,990
Community and Social Service Occupations $ 47,550
Community Health Workers $ 40,340
Compensation and Benefits Managers $ 144,350
Compensation, Benefits, and Job Analysis Specialists $ 75,350
Compliance Officers $ 74,970
Computer and Information Research Scientists $ 117,200
Computer and Information Systems Managers $ 140,920
Computer and Mathematical Occupations $ 86,710
Computer Hardware Engineers $ 112,250
Computer Network Architects $ 107,860
Computer Network Support Specialists $ 60,200
Computer Occupations, All Other $ 77,570
Computer Programmers $ 89,440
Computer Science Teachers, Postsecondary $ 96,020
Computer Systems Analysts $ 91,230
Computer User Support Specialists $ 55,520
Conservation Scientists $ 65,820
Construction and Building Inspectors $ 69,070
Construction Managers $ 93,290
Continuous Mining Machine Operators $ 42,760
Control and Valve Installers and Repairers, Except Mechanical Door $ 68,400
Conveyor Operators and Tenders $ 35,750
Cost Estimators $ 65,650
Crane and Tower Operators $ 59,680
Credit Analysts $ 82,060
Credit Counselors $ 49,650
Criminal Justice and Law Enforcement Teachers, Postsecondary $ 71,970
Curators $ 54,870
Database Administrators $ 88,410
Dental Hygienists $ 72,850
Derrick Operators, Oil and Gas $ 44,610
Detectives and Criminal Investigators $ 77,660
Diagnostic Medical Sonographers $ 78,560
Dietitians and Nutritionists $ 61,440
Directors, Religious Activities and Education $ 50,210
Drafters, All Other $ 53,330
Economics Teachers, Postsecondary $ 109,480
Economists $ 72,810
Editors $ 55,220
Education Administrators, All Other $ 79,860
Education Administrators, Elementary and Secondary School $ 102,010
Education Administrators, Postsecondary $ 91,970
Education Administrators, Preschool and Childcare Center/Program $ 57,390
Education Teachers, Postsecondary $ 64,880
Education, Training, and Library Occupations $ 55,000
Educational, Guidance, School, and Vocational Counselors $ 56,310
Electric Motor, Power Tool, and Related Repairers $ 40,360
Electrical and Electronics Drafters $ 58,770
Electrical and Electronics Engineering Technicians $ 62,450
Electrical and Electronics Installers and Repairers, Transportation Equipment $ 61,260
Electrical and Electronics Repairers, Commercial and Industrial Equipment $ 63,410
Electrical and Electronics Repairers, Powerhouse, Substation, and Relay $ 78,680
Electrical Engineers $ 94,390
Electrical Power-Line Installers and Repairers $ 79,120
Electricians $ 67,500
Electro-Mechanical Technicians $ 56,450
Electronics Engineers, Except Computer $ 99,490
Elementary School Teachers, Except Special Education $ 63,490
Elevator Installers and Repairers $ 83,900
Embalmers $ 46,100
Emergency Management Directors $ 87,050
Engineering Technicians, Except Drafters, All Other $ 57,360
English Language and Literature Teachers, Postsecondary $ 66,090
Environmental Engineering Technicians $ 42,190
Environmental Engineers $ 87,360
Environmental Science and Protection Technicians, Including Health $ 49,460
Environmental Science Teachers, Postsecondary $ 90,710
Environmental Scientists and Specialists, Including Health $ 74,110
Epidemiologists $ 77,440
Executive Secretaries and Executive Administrative Assistants $ 56,010
Exercise Physiologists $ 58,990
Explosives Workers, Ordnance Handling Experts, and Blasters $ 58,320
Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders $ 38,740
Farm and Home Management Advisors $ 74,190
Film and Video Editors $ 50,190
Financial Analysts $ 91,420
Financial Clerks, All Other $ 38,860
Financial Examiners $ 89,040
Financial Managers $ 133,980
Financial Specialists, All Other $ 70,440
Fire Inspectors and Investigators $ 65,710
Firefighters $ 35,750
First-Line Supervisors of Construction Trades and Extraction Workers $ 73,810
First-Line Supervisors of Correctional Officers $ 76,370
First-Line Supervisors of Farming, Fishing, and Forestry Workers $ 60,690
First-Line Supervisors of Fire Fighting and Prevention Workers $ 71,570
First-Line Supervisors of Helpers, Laborers, and Material Movers, Hand $ 49,590
First-Line Supervisors of Landscaping, Lawn Service, and Groundskeeping Workers $ 51,310
First-Line Supervisors of Mechanics, Installers, and Repairers $ 66,430
First-Line Supervisors of Non-Retail Sales Workers $ 77,900
First-Line Supervisors of Office and Administrative Support Workers $ 60,960
First-Line Supervisors of Police and Detectives $ 87,970
First-Line Supervisors of Production and Operating Workers $ 62,830
First-Line Supervisors of Protective Service Workers, All Other $ 52,470
First-Line Supervisors of Transportation and Material-Moving Machine and Vehicle Operators $ 58,250
Fish and Game Wardens $ 46,110
Food Service Managers $ 56,800
Foreign Language and Literature Teachers, Postsecondary $ 68,890
Forensic Science Technicians $ 59,640
Forest and Conservation Technicians $ 42,970
Foresters $ 63,990
Forestry and Conservation Science Teachers, Postsecondary $ 90,080
Fundraisers $ 59,900
Funeral Service Managers $ 98,920
Gaming Supervisors $ 32,220
Gas Compressor and Gas Pumping Station Operators $ 56,220
Gas Plant Operators $ 67,370
General and Operations Managers $ 109,490
Geography Teachers, Postsecondary $ 80,130
Geological and Petroleum Technicians $ 54,390
Geoscientists, Except Hydrologists and Geographers $ 72,210
Health and Safety Engineers, Except Mining Safety Engineers and Inspectors $ 88,300
Health Diagnosing and Treating Practitioners, All Other $ 82,600
Health Educators $ 56,120
Health Specialties Teachers, Postsecondary $ 82,450
Health Technologists and Technicians, All Other $ 54,160
Healthcare Practitioners and Technical Occupations $ 86,270
Healthcare Social Workers $ 58,530
Hearing Aid Specialists $ 55,690
Historians $ 62,210
History Teachers, Postsecondary $ 85,040
Hoist and Winch Operators $ 80,660
Home Economics Teachers, Postsecondary $ 71,420
Human Resources Managers $ 121,530
Human Resources Specialists $ 64,140
Industrial Engineering Technicians $ 53,110
Industrial Engineers $ 90,580
Industrial Machinery Mechanics $ 54,180
Industrial Production Managers $ 110,490
Information and Record Clerks, All Other $ 43,110
Information Security Analysts $ 95,930
Installation, Maintenance, and Repair Occupations $ 49,750
Instructional Coordinators $ 65,320
Insurance Appraisers, Auto Damage $ 62,970
Insurance Sales Agents $ 82,760
Insurance Underwriters $ 66,930
Interior Designers $ 61,130
Judges, Magistrate Judges, and Magistrates $ 135,740
Kindergarten Teachers, Except Special Education $ 58,790
Labor Relations Specialists $ 69,170
Landscape Architects $ 69,200
Lawyers $ 124,230
Layout Workers, Metal and Plastic $ 49,700
Legal Occupations $ 97,570
Legal Support Workers, All Other $ 57,980
Librarians $ 62,790
Library Science Teachers, Postsecondary $ 72,520
Life Scientists, All Other $ 71,130
Life, Physical, and Social Science Occupations $ 71,500
Loading Machine Operators, Underground Mining $ 41,270
Loan Officers $ 78,040
Locomotive Engineers $ 66,150
Logging Workers, All Other $ 41,940
Logisticians $ 74,280
Magnetic Resonance Imaging Technologists $ 76,530
Management Analysts $ 83,560
Managers, All Other $ 126,600
Marine Engineers and Naval Architects $ 57,230
Market Research Analysts and Marketing Specialists $ 70,940
Marketing Managers $ 140,350
Marriage and Family Therapists $ 52,070
Materials Engineers $ 98,090
Mathematical Science Teachers, Postsecondary $ 71,370
Mechanical Drafters $ 58,680
Mechanical Engineering Technicians $ 56,050
Mechanical Engineers $ 83,940
Media and Communication Equipment Workers, All Other $ 47,300
Medical and Clinical Laboratory Technologists $ 65,770
Medical and Health Services Managers $ 108,280
Medical Equipment Repairers $ 63,230
Meeting, Convention, and Event Planners $ 54,500
Mental Health Counselors $ 46,580
Metal-Refining Furnace Operators and Tenders $ 43,310
Middle School Teachers, Except Special and Career/Technical Education $ 64,780
Millwrights $ 49,300
Mine Cutting and Channeling Machine Operators $ 46,410
Mine Shuttle Car Operators $ 53,150
Mining and Geological Engineers, Including Mining Safety Engineers $ 95,550
Mining Machine Operators, All Other $ 51,740
Mixing and Blending Machine Setters, Operators, and Tenders $ 38,940
Mobile Heavy Equipment Mechanics, Except Engines $ 56,690
Model Makers, Metal and Plastic $ 40,210
Morticians, Undertakers, and Funeral Directors $ 62,060
Multimedia Artists and Animators $ 58,020
Music Directors and Composers $ 84,860
Natural Sciences Managers $ 118,520
Network and Computer Systems Administrators $ 85,560
Nuclear Engineers $ 110,620
Nuclear Medicine Technologists $ 83,110
Nuclear Technicians $ 59,630
Nurse Practitioners $ 116,150
Nursing Instructors and Teachers, Postsecondary $ 69,470
Occupational Health and Safety Specialists $ 78,470
Occupational Health and Safety Technicians $ 53,780
Occupational Therapists $ 73,680
Occupational Therapy Assistants $ 48,210
Operations Research Analysts $ 90,570
Optometrists $ 127,590
Orthotists and Prosthetists $ 72,850
Painters, Transportation Equipment $ 55,980
Paper Goods Machine Setters, Operators, and Tenders $ 40,880
Paralegals and Legal Assistants $ 56,510
Patternmakers, Metal and Plastic $ 46,310
Personal Financial Advisors $ 109,250
Petroleum Pump System Operators, Refinery Operators, and Gaugers $ 60,720
Pharmacists $ 126,840
Philosophy and Religion Teachers, Postsecondary $ 74,090
Physical Therapist Assistants $ 53,350
Physical Therapists $ 81,860
Physician Assistants $ 112,460
Physicists $ 134,710
Physics Teachers, Postsecondary $ 85,870
Plant and System Operators, All Other $ 63,770
Plumbers, Pipefitters, and Steamfitters $ 71,020
Podiatrists $ 199,980
Police and Sheriff’s Patrol Officers $ 64,700
Political Science Teachers, Postsecondary $ 102,230
Postal Service Clerks $ 47,350
Postal Service Mail Carriers $ 49,570
Postal Service Mail Sorters, Processors, and Processing Machine Operators $ 49,190
Postmasters and Mail Superintendents $ 73,270
Power Distributors and Dispatchers $ 92,440
Power Plant Operators $ 78,360
Precision Instrument and Equipment Repairers, All Other $ 57,600
Private Detectives and Investigators $ 51,840
Probation Officers and Correctional Treatment Specialists $ 63,380
Producers and Directors $ 68,290
Production, Planning, and Expediting Clerks $ 49,410
Property, Real Estate, and Community Association Managers $ 64,290
Psychologists, All Other $ 86,420
Psychology Teachers, Postsecondary $ 72,570
Public Relations and Fundraising Managers $ 121,010
Public Relations Specialists $ 60,500
Pump Operators, Except Wellhead Pumpers $ 47,570
Purchasing Agents, Except Wholesale, Retail, and Farm Products $ 61,760
Purchasing Managers $ 116,310
Radiation Therapists $ 80,510
Radio, Cellular, and Tower Equipment Installers and Repairers $ 65,380
Radiologic Technologists $ 64,880
Rail Yard Engineers, Dinkey Operators, and Hostlers $ 54,860
Railroad Conductors and Yardmasters $ 66,620
Rail-Track Laying and Maintenance Equipment Operators $ 48,440
Real Estate Brokers $ 66,270
Real Estate Sales Agents $ 48,250
Recreation and Fitness Studies Teachers, Postsecondary $ 63,760
Recreational Vehicle Service Technicians $ 37,600
Refractory Materials Repairers, Except Brickmasons $ 47,440
Registered Nurses $ 77,540
Reinforcing Iron and Rebar Workers $ 64,470
Respiratory Therapists $ 67,460
Rolling Machine Setters, Operators, and Tenders, Metal and Plastic $ 39,480
Roof Bolters, Mining $ 54,150
Rotary Drill Operators, Oil and Gas $ 56,660
Sales Engineers $ 101,950
Sales Managers $ 136,930
Sales Representatives, Services, All Other $ 63,470
Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products $ 75,270
Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products $ 113,360
Secondary School Teachers, Except Special and Career/Technical Education $ 65,290
Securities, Commodities, and Financial Services Sales Agents $ 95,750
Service Unit Operators, Oil, Gas, and Mining $ 48,010
Set and Exhibit Designers $ 50,170
Ship Engineers $ 103,040
Signal and Track Switch Repairers $ 40,520
Social and Community Service Managers $ 77,700
Social Scientists and Related Workers, All Other $ 76,810
Social Work Teachers, Postsecondary $ 66,060
Social Workers, All Other $ 56,280
Sociology Teachers, Postsecondary $ 84,210
Software Developers, Applications $ 93,280
Software Developers, Systems Software $ 111,340
Soil and Plant Scientists $ 70,780
Sound Engineering Technicians $ 44,310
Special Education Teachers, All Other $ 69,770
Special Education Teachers, Kindergarten and Elementary School $ 63,330
Special Education Teachers, Middle School $ 65,290
Special Education Teachers, Secondary School $ 63,370
Speech-Language Pathologists $ 74,180
Stationary Engineers and Boiler Operators $ 57,420
Statisticians $ 94,640
Surveyors $ 67,560
Tank Car, Truck, and Ship Loaders $ 46,730
Tax Examiners and Collectors, and Revenue Agents $ 63,730
Technical Writers $ 67,260
Telecommunications Equipment Installers and Repairers, Except Line Installers $ 61,410
Tire Builders $ 42,500
Tool and Die Makers $ 57,790
Training and Development Managers $ 113,080
Training and Development Specialists $ 64,490
Transportation Inspectors $ 92,970
Transportation, Storage, and Distribution Managers $ 103,970
Urban and Regional Planners $ 70,850
Veterinarians $ 91,980
Water and Wastewater Treatment Plant and System Operators $ 51,720
Web Developers $ 75,970
Wholesale and Retail Buyers, Except Farm Products $ 59,080
Writers and Authors $ 65,180
Zoologists and Wildlife Biologists $ 60,060

Sheet3

Data

Job Title Salary
Accountants and Auditors 71,420 source: http://www.bls.gov/
Actuaries 99,870
Administrative Law Judges, Adjudicators, and Hearing Officers 112,660
Administrative Services Managers 93,150
Adult Basic and Secondary Education and Literacy Teachers and Instructors 54,890
Advertising and Promotions Managers 136,840
Advertising Sales Agents 63,000
Aerospace Engineering and Operations Technicians 69,230
Aerospace Engineers 109,960
Agents and Business Managers of Artists, Performers, and Athletes 85,910
Agricultural and Food Science Technicians 42,540
Agricultural Inspectors 39,700
Agricultural Sciences Teachers, Postsecondary 92,010
Air Traffic Controllers 128,980
Aircraft Cargo Handling Supervisors 57,690
Aircraft Structure, Surfaces, Rigging, and Systems Assemblers 48,860
Airfield Operations Specialists 55,190
Airline Pilots, Copilots, and Flight Engineers 101,050
Anthropologists and Archeologists 56,640
Appraisers and Assessors of Real Estate 71,530
Arbitrators, Mediators, and Conciliators 91,560
Architects, Except Landscape and Naval 85,930
Architectural and Civil Drafters 53,290
Architecture and Engineering Occupations 80,770
Architecture Teachers, Postsecondary 79,040
Archivists 49,970
Art Directors 85,820
Art, Drama, and Music Teachers, Postsecondary 70,390
Athletic Trainers 48,990
Atmospheric and Space Scientists 99,860
Atmospheric, Earth, Marine, and Space Sciences Teachers, Postsecondary 93,990
Audiologists 81,010
Avionics Technicians 55,680
Biomedical Engineers 108,290
Boilermakers 71,230
Broadcast News Analysts 73,660
Brokerage Clerks 48,850
Budget Analysts 75,010
Business and Financial Operations Occupations 72,420
Business Operations Specialists, All Other 69,870
Business Teachers, Postsecondary 90,540
Buyers and Purchasing Agents, Farm Products 62,290
Camera and Photographic Equipment Repairers 41,910
Captains, Mates, and Pilots of Water Vessels 67,220
Cardiovascular Technologists and Technicians 65,850
Career/Technical Education Teachers, Middle School 61,970
Career/Technical Education Teachers, Secondary School 64,740
Cargo and Freight Agents 45,820
Cartographers and Photogrammetrists 69,020
Chefs and Head Cooks 48,290
Chemical Engineers 86,360
Chemical Equipment Operators and Tenders 41,520
Chemical Plant and System Operators 48,830
Chemical Technicians 53,650
Chemistry Teachers, Postsecondary 88,390
Chemists 85,030
Child, Family, and School Social Workers 54,310
Chiropractors 79,250
Civil Engineers 87,310
Claims Adjusters, Examiners, and Investigators 62,230
Clinical, Counseling, and School Psychologists 82,130
Coil Winders, Tapers, and Finishers 33,490
Commercial and Industrial Designers 63,710
Commercial Pilots 83,220
Communications Equipment Operators, All Other 40,600
Communications Teachers, Postsecondary 66,990
Community and Social Service Occupations 47,550
Community Health Workers 40,340
Compensation and Benefits Managers 144,350
Compensation, Benefits, and Job Analysis Specialists 75,350
Compliance Officers 74,970
Computer and Information Research Scientists 117,200
Computer and Information Systems Managers 140,920
Computer and Mathematical Occupations 86,710
Computer Hardware Engineers 112,250
Computer Network Architects 107,860
Computer Network Support Specialists 60,200
Computer Occupations, All Other 77,570
Computer Programmers 89,440
Computer Science Teachers, Postsecondary 96,020
Computer Systems Analysts 91,230
Computer User Support Specialists 55,520
Conservation Scientists 65,820
Construction and Building Inspectors 69,070
Construction Managers 93,290
Continuous Mining Machine Operators 42,760
Control and Valve Installers and Repairers, Except Mechanical Door 68,400
Conveyor Operators and Tenders 35,750
Cost Estimators 65,650
Crane and Tower Operators 59,680
Credit Analysts 82,060
Credit Counselors 49,650
Criminal Justice and Law Enforcement Teachers, Postsecondary 71,970
Curators 54,870
Database Administrators 88,410
Dental Hygienists 72,850
Derrick Operators, Oil and Gas 44,610
Detectives and Criminal Investigators 77,660
Diagnostic Medical Sonographers 78,560
Dietitians and Nutritionists 61,440
Directors, Religious Activities and Education 50,210
Drafters, All Other 53,330
Economics Teachers, Postsecondary 109,480
Economists 72,810
Editors 55,220
Education Administrators, All Other 79,860
Education Administrators, Elementary and Secondary School 102,010
Education Administrators, Postsecondary 91,970
Education Administrators, Preschool and Childcare Center/Program 57,390
Education Teachers, Postsecondary 64,880
Education, Training, and Library Occupations 55,000
Educational, Guidance, School, and Vocational Counselors 56,310
Electric Motor, Power Tool, and Related Repairers 40,360
Electrical and Electronics Drafters 58,770
Electrical and Electronics Engineering Technicians 62,450
Electrical and Electronics Installers and Repairers, Transportation Equipment 61,260
Electrical and Electronics Repairers, Commercial and Industrial Equipment 63,410
Electrical and Electronics Repairers, Powerhouse, Substation, and Relay 78,680
Electrical Engineers 94,390
Electrical Power-Line Installers and Repairers 79,120
Electricians 67,500
Electro-Mechanical Technicians 56,450
Electronics Engineers, Except Computer 99,490
Elementary School Teachers, Except Special Education 63,490
Elevator Installers and Repairers 83,900
Embalmers 46,100
Emergency Management Directors 87,050
Engineering Technicians, Except Drafters, All Other 57,360
English Language and Literature Teachers, Postsecondary 66,090
Environmental Engineering Technicians 42,190
Environmental Engineers 87,360
Environmental Science and Protection Technicians, Including Health 49,460
Environmental Science Teachers, Postsecondary 90,710
Environmental Scientists and Specialists, Including Health 74,110
Epidemiologists 77,440
Executive Secretaries and Executive Administrative Assistants 56,010
Exercise Physiologists 58,990
Explosives Workers, Ordnance Handling Experts, and Blasters 58,320
Extruding, Forming, Pressing, and Compacting Machine Setters, Operators, and Tenders 38,740
Farm and Home Management Advisors 74,190
Film and Video Editors 50,190
Financial Analysts 91,420
Financial Clerks, All Other 38,860
Financial Examiners 89,040
Financial Managers 133,980
Financial Specialists, All Other 70,440
Fire Inspectors and Investigators 65,710
Firefighters 35,750
First-Line Supervisors of Construction Trades and Extraction Workers 73,810
First-Line Supervisors of Correctional Officers 76,370
First-Line Supervisors of Farming, Fishing, and Forestry Workers 60,690
First-Line Supervisors of Fire Fighting and Prevention Workers 71,570
First-Line Supervisors of Helpers, Laborers, and Material Movers, Hand 49,590
First-Line Supervisors of Landscaping, Lawn Service, and Groundskeeping Workers 51,310
First-Line Supervisors of Mechanics, Installers, and Repairers 66,430
First-Line Supervisors of Non-Retail Sales Workers 77,900
First-Line Supervisors of Office and Administrative Support Workers 60,960
First-Line Supervisors of Police and Detectives 87,970
First-Line Supervisors of Production and Operating Workers 62,830
First-Line Supervisors of Protective Service Workers, All Other 52,470
First-Line Supervisors of Transportation and Material-Moving Machine and Vehicle Operators 58,250
Fish and Game Wardens 46,110
Food Service Managers 56,800
Foreign Language and Literature Teachers, Postsecondary 68,890
Forensic Science Technicians 59,640
Forest and Conservation Technicians 42,970
Foresters 63,990
Forestry and Conservation Science Teachers, Postsecondary 90,080
Fundraisers 59,900
Funeral Service Managers 98,920
Gaming Supervisors 32,220
Gas Compressor and Gas Pumping Station Operators 56,220
Gas Plant Operators 67,370
General and Operations Managers 109,490
Geography Teachers, Postsecondary 80,130
Geological and Petroleum Technicians 54,390
Geoscientists, Except Hydrologists and Geographers 72,210
Health and Safety Engineers, Except Mining Safety Engineers and Inspectors 88,300
Health Diagnosing and Treating Practitioners, All Other 82,600
Health Educators 56,120
Health Specialties Teachers, Postsecondary 82,450
Health Technologists and Technicians, All Other 54,160
Healthcare Practitioners and Technical Occupations 86,270
Healthcare Social Workers 58,530
Hearing Aid Specialists 55,690
Historians 62,210
History Teachers, Postsecondary 85,040
Hoist and Winch Operators 80,660
Home Economics Teachers, Postsecondary 71,420
Human Resources Managers 121,530
Human Resources Specialists 64,140
Industrial Engineering Technicians 53,110
Industrial Engineers 90,580
Industrial Machinery Mechanics 54,180
Industrial Production Managers 110,490
Information and Record Clerks, All Other 43,110
Information Security Analysts 95,930
Installation, Maintenance, and Repair Occupations 49,750
Instructional Coordinators 65,320
Insurance Appraisers, Auto Damage 62,970
Insurance Sales Agents 82,760
Insurance Underwriters 66,930
Interior Designers 61,130
Judges, Magistrate Judges, and Magistrates 135,740
Kindergarten Teachers, Except Special Education 58,790
Labor Relations Specialists 69,170
Landscape Architects 69,200
Lawyers 124,230
Layout Workers, Metal and Plastic 49,700
Legal Occupations 97,570
Legal Support Workers, All Other 57,980
Librarians 62,790
Library Science Teachers, Postsecondary 72,520
Life Scientists, All Other 71,130
Life, Physical, and Social Science Occupations 71,500
Loading Machine Operators, Underground Mining 41,270
Loan Officers 78,040
Locomotive Engineers 66,150
Logging Workers, All Other 41,940
Logisticians 74,280
Magnetic Resonance Imaging Technologists 76,530
Management Analysts 83,560
Managers, All Other 126,600
Marine Engineers and Naval Architects 57,230
Market Research Analysts and Marketing Specialists 70,940
Marketing Managers 140,350
Marriage and Family Therapists 52,070
Materials Engineers 98,090
Mathematical Science Teachers, Postsecondary 71,370
Mechanical Drafters 58,680
Mechanical Engineering Technicians 56,050
Mechanical Engineers 83,940
Media and Communication Equipment Workers, All Other 47,300
Medical and Clinical Laboratory Technologists 65,770
Medical and Health Services Managers 108,280
Medical Equipment Repairers 63,230
Meeting, Convention, and Event Planners 54,500
Mental Health Counselors 46,580
Metal-Refining Furnace Operators and Tenders 43,310
Middle School Teachers, Except Special and Career/Technical Education 64,780
Millwrights 49,300
Mine Cutting and Channeling Machine Operators 46,410
Mine Shuttle Car Operators 53,150
Mining and Geological Engineers, Including Mining Safety Engineers 95,550
Mining Machine Operators, All Other 51,740
Mixing and Blending Machine Setters, Operators, and Tenders 38,940
Mobile Heavy Equipment Mechanics, Except Engines 56,690
Model Makers, Metal and Plastic 40,210
Morticians, Undertakers, and Funeral Directors 62,060
Multimedia Artists and Animators 58,020
Music Directors and Composers 84,860
Natural Sciences Managers 118,520
Network and Computer Systems Administrators 85,560
Nuclear Engineers 110,620
Nuclear Medicine Technologists 83,110
Nuclear Technicians 59,630
Nurse Practitioners 116,150
Nursing Instructors and Teachers, Postsecondary 69,470
Occupational Health and Safety Specialists 78,470
Occupational Health and Safety Technicians 53,780
Occupational Therapists 73,680
Occupational Therapy Assistants 48,210
Operations Research Analysts 90,570
Optometrists 127,590
Orthotists and Prosthetists 72,850
Painters, Transportation Equipment 55,980
Paper Goods Machine Setters, Operators, and Tenders 40,880
Paralegals and Legal Assistants 56,510
Patternmakers, Metal and Plastic 46,310
Personal Financial Advisors 109,250
Petroleum Pump System Operators, Refinery Operators, and Gaugers 60,720
Pharmacists 126,840
Philosophy and Religion Teachers, Postsecondary 74,090
Physical Therapist Assistants 53,350
Physical Therapists 81,860
Physician Assistants 112,460
Physicists 134,710
Physics Teachers, Postsecondary 85,870
Plant and System Operators, All Other 63,770
Plumbers, Pipefitters, and Steamfitters 71,020
Podiatrists 199,980
Police and Sheriff’s Patrol Officers 64,700
Political Science Teachers, Postsecondary 102,230
Postal Service Clerks 47,350
Postal Service Mail Carriers 49,570
Postal Service Mail Sorters, Processors, and Processing Machine Operators 49,190
Postmasters and Mail Superintendents 73,270
Power Distributors and Dispatchers 92,440
Power Plant Operators 78,360
Precision Instrument and Equipment Repairers, All Other 57,600
Private Detectives and Investigators 51,840
Probation Officers and Correctional Treatment Specialists 63,380
Producers and Directors 68,290
Production, Planning, and Expediting Clerks 49,410
Property, Real Estate, and Community Association Managers 64,290
Psychologists, All Other 86,420
Psychology Teachers, Postsecondary 72,570
Public Relations and Fundraising Managers 121,010
Public Relations Specialists 60,500
Pump Operators, Except Wellhead Pumpers 47,570
Purchasing Agents, Except Wholesale, Retail, and Farm Products 61,760
Purchasing Managers 116,310
Radiation Therapists 80,510
Radio, Cellular, and Tower Equipment Installers and Repairers 65,380
Radiologic Technologists 64,880
Rail Yard Engineers, Dinkey Operators, and Hostlers 54,860
Railroad Conductors and Yardmasters 66,620
Rail-Track Laying and Maintenance Equipment Operators 48,440
Real Estate Brokers 66,270
Real Estate Sales Agents 48,250
Recreation and Fitness Studies Teachers, Postsecondary 63,760
Recreational Vehicle Service Technicians 37,600
Refractory Materials Repairers, Except Brickmasons 47,440
Registered Nurses 77,540
Reinforcing Iron and Rebar Workers 64,470
Respiratory Therapists 67,460
Rolling Machine Setters, Operators, and Tenders, Metal and Plastic 39,480
Roof Bolters, Mining 54,150
Rotary Drill Operators, Oil and Gas 56,660
Sales Engineers 101,950
Sales Managers 136,930
Sales Representatives, Services, All Other 63,470
Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products 75,270
Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products 113,360
Secondary School Teachers, Except Special and Career/Technical Education 65,290
Securities, Commodities, and Financial Services Sales Agents 95,750
Service Unit Operators, Oil, Gas, and Mining 48,010
Set and Exhibit Designers 50,170
Ship Engineers 103,040
Signal and Track Switch Repairers 40,520
Social and Community Service Managers 77,700
Social Scientists and Related Workers, All Other 76,810
Social Work Teachers, Postsecondary 66,060
Social Workers, All Other 56,280
Sociology Teachers, Postsecondary 84,210
Software Developers, Applications 93,280
Software Developers, Systems Software 111,340
Soil and Plant Scientists 70,780
Sound Engineering Technicians 44,310
Special Education Teachers, All Other 69,770
Special Education Teachers, Kindergarten and Elementary School 63,330
Special Education Teachers, Middle School 65,290
Special Education Teachers, Secondary School 63,370
Speech-Language Pathologists 74,180
Stationary Engineers and Boiler Operators 57,420
Statisticians 94,640
Surveyors 67,560
Tank Car, Truck, and Ship Loaders 46,730
Tax Examiners and Collectors, and Revenue Agents 63,730
Technical Writers 67,260
Telecommunications Equipment Installers and Repairers, Except Line Installers 61,410
Tire Builders 42,500
Tool and Die Makers 57,790
Training and Development Managers 113,080
Training and Development Specialists 64,490
Transportation Inspectors 92,970
Transportation, Storage, and Distribution Managers 103,970
Urban and Regional Planners 70,850
Veterinarians 91,980
Water and Wastewater Treatment Plant and System Operators 51,720
Web Developers 75,970
Wholesale and Retail Buyers, Except Farm Products 59,080
Writers and Authors 65,180
Zoologists and Wildlife Biologists 60,060

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Sheet3

Deliverable 01 Worksheet

1. Introduce your scenario and data set.

· Provide a brief overview of the scenario you are given and describe the data set.

· Describe how you will be analyzing the data set.

· Classify the variables in your data set.

· Which variables are quantitative/qualitative?

· If it is a quantitative variable, is it discrete or continuous?

· Describe the level of measurement for each variable included in the data set (nominal, ordinal, interval, ratio).

Answer and Explanation:

Enter your step-by-step answer and explanations here.

· The client wants to know the salary distribution of jobs that pay between $30,000 and $200,000 in the state of Minnesota. I have obtained data on 364 individuals in various job titles who are within the required range from the Bureau of Statistics.

· I will analyze my data using Excel and present my results using graphical tools such as charts, histograms, scatter plots, histograms and tables to present my data. I intend to use descriptive statistics such as frequency tables, median, mean, mode, variance, skewness and frequency tables to describe the distribution of the data obtained.

· Classification of my data

· A Job title is a qualitative categorical variable because it takes names as values. It has a nominal level of measurement because it uses words.

· Salary is a quantitative continuous variable because it takes numeric values. It has an interval-ratio level of measurement.

2. Discuss the importance of the Measures of Center.

· Name and describe each measure of center.

· Discuss the advantages and disadvantages of each.

Answer and Explanation:

Enter your step-by-step answer and explanations here.

Measures of the center are used to approximate and explain the middle value or average of the given data set to understand where the center of data distribution is located. The three measures of center are mean, median and mode.

1. The mean is defined as the arithmetic average of a data set and is calculated by adding all the values in the data and dividing by the number of values. Its advantage is that it can be used as a basis for statistical analysis and tests of significance. One disadvantage of the mean is that it is very sensitive to extreme values or outliers.

2. The median is the middle value or observation of a data set arranged in numerical order. This means that half of the values are below the median and half of the values are above it. Its advantage is that it is not sensitive to outliers. It is also a better descriptive measure when dealing with a skewed data set. Its disadvantage is that it cannot be used to test statistical significance in a dataset.

3. The mode refers to the value that appears most frequently in a data set. It is easy to locate which is one of its advantages. The mode is also good in measuring datasets with nominal variables. A disadvantage of the mode is that there may be two or more mode in a data set the same time. The mode is also sensitive to the mean.

3. Discuss the importance of the Measures of Variation.

· Name and describe each measure of variation.

· Discuss the advantages and disadvantages of each.

Answer and Explanation:

Enter your step-by-step answer and explanations here.

Measuring variation helps researchers measure the spread of data hence distinguishing if it is from systematic trends or differences. There measures of variation; variance, standard deviation, and range.

1. Variance is a measure of the spread of a set of values from the average value or the mean. Its advantage is that it helps us explain the volatility of a value. Its disadvantage is that it is hard to calculate manually and it is affected extreme outliers

2. Standard deviation is a measure of how close or far away from values are spread from the mean. Its advantage is that it helps us understand how data is clustered around the mean. It is also not sensitive to outliers. Its disadvantage is that it does not give a full range of the data. It is also difficult to compute.

3. The range is a measure between the largest and smallest values of a dataset. It is easier to calculate and can be used to measure variation in cases where accuracy is not necessary. Its disadvantage is that it is only affected by two values.

4. Calculate the measures of center and measures of variation from the data set and list them below. Be sure to include (a) an interpretation of each measure in the context of the scenario (for example, if the median is larger than the mean, what does it mean? What does the value of standard deviation tell you?) and (b) correct units of measurement. Show your calculations in your spreadsheet. You do not need to include Excel functions in your written answer below.

· Mean

· Median

· Mode

· Midrange

· Range

· Variance

· Standard deviation

Answer and Explanation:

Enter your step-by-step answer and explanations here.


Measure of center

1. Mean – $71,879

2. Median – $66,525

3. Mode – $71, 420

The average salary for individuals in different jobs titles that earn salaries between $30,000 and $200,000 in Minnesota is $71,879, and the mode is $71,420.The median is $66,525 which is smaller than the mean. This means that the distribution of this range of salaries is skewed to the right. It also indicates that there are outliers in the higher end.


Measure of variation

1. Mid-range – $66,525

2. Range – $167,760

3. Variance – 546,033,522

4. Standard deviation – 23,367

The range for the salary is $167,760 which is very large and indicates that there is a greater dispersion of the salaries between $30,000 and $200,000. The variance of the data is 546,033,522, and the standard deviation is 23,367 which indicate that the salaries for the different job titles deviate from the average salary for the group by $23,376. This is a large deviation, and this might be due to the possibility of outliers as we have seen above when interpreting the measure of center. If you eliminated the outliers from the data, the standard deviation might be smaller.

Deliverable 03 Worksheet

1. Discuss the importance of constructing confidence intervals for the population mean by answering these questions.

· What are confidence intervals?

· What is a point estimate?

· What is the best point estimate for the population mean? Explain.

· Why do we need confidence intervals?

Answer and Explanation:

Enter your step-by-step answer and explanations here.

2. Using the data from the Excel workbook, construct a 
95%
 confidence interval for the population mean. Assume that your data is normally distributed and σ is unknown. Include a statement that correctly interprets the confidence interval in context of the scenario.

Hint: Use the sample mean and sample standard deviation from Deliverable 1.

Answer and Explanation:

Enter your step-by-step answer and explanations here.

3. Using the data from the Excel workbook, construct a 
99%
 confidence interval for the population mean. Assume that your data is normally distributed and σ is unknown. Include a statement that correctly interprets the confidence interval in context of the scenario.

Hint: Use the sample mean and sample standard deviation from Deliverable 1.

Answer and Explanation:

Enter your step-by-step answer and explanations here.

4. Compare your answers for (2) and (3). You notice that the 99% confidence interval is wider. What is the advantage of using a wider confidence interval? Why would you not always use the 99% confidence interval? Explain with an example.

Answer and Explanation:

Enter your step-by-step answer and explanations here.

5. We want to estimate the mean salary in Minnesota. How many jobs must be randomly selected for their respective mean salaries if we want 95% confidence that the sample mean is within $126 of the population mean and σ = $1150.

Is the current sample size of 364 in the data set in our Excel workbook large enough? Explain.

Answer and Explanation:

Enter your step-by-step answer and explanations here.