To complete milestone 2, you will continue with the role of a newly hired business analyst who is helping the HR manager. You will further analyze the data in terms of salary, education and minority level. Follow the steps in this worksheet to further analyze the given data. On all the scenario, you will use 0.05 alpha level.

After completing the worksheet, you will summarize the results in a presentation deck. You may use the outline below for your presentation deck:

Slide 1 – Title and your name

Slide 2 – Present the bar graph that shows the average males with more than 12 years of education and females with more than 12 years of education using the standard error as error bars. Refer to requirement “1.b” in the worksheet.

Slide 3 – Show the result of the hypothesis test identifying if the average salary for males with less than or equal to 12 years of education is significantly higher or lower than the average salary of females with less than or equal to 12 years of education. Refer to requirement “1.c” in the worksheet.

Slide 4 – Present the bar graph that shows the average salary of different minority levels using the standard error as error bars. Refer to requirement “1.e” in the worksheet.

Slide 5 – Show the result of the hypothesis test identifying if the average salary for minority level 0 is significantly higher or lower than the average salary for minority level 1. Refer to requirement “1.f” in the worksheet.

Slide 6 – Show the result of the hypothesis test identifying if the average years of education for minority level 0 is significantly higher or lower than the average years of education for minority level 1.

Slide 7 – Present the table that shows the number of females with 70 or more months of job time. Refer to requirement “2.a” in the worksheet.

Slide 8 – Show the result of the hypothesis test identifying if the average amount of gains in salary for the group of females with 70 or more months of job time is significantly greater than $13,000. Refer to requirement “2.b” in the worksheet.

Slide 9 – Present the table that shows the number of males with 70 or more months of job time. Refer to requirement “2.c” in the worksheet.

Slide 10 – Show the result of the hypothesis test identifying if the average amount of gains in salary for this group significantly greater than $18,000. Refer to requirement “2.d” in the worksheet.

Slide 11 – Present the bar graph that shows the average salary of three groups identified in terms of their years of education using standard error as error bars. Refer to requirement “3.b” in the worksheet.

Slide 12 – Show the result of the hypothesis test identifying if there are any significant differences in average salary for any of the groups. Refer to requirement “3.c” in the worksheet.

Slide 13 – Write a summary of all the hypothesis tests that you conducted.

Submit the presentation deck for this assignment.



When you have submitted your assignment for grading, please return to your module to continue learning.

Answers

Answer 1

To add a great answer, follow the provided outline for your presentation deck, including a title slide with your name, and subsequent slides that present the requested graphs, hypothesis test results, and tables summarizing the data analysis. Submit the completed presentation deck for grading.

Create a presentation deck using a software like Microsoft PowerPoint.Start with Slide 1, adding a title and your name.On Slide 2, create a bar graph showing the average males and females with more than 12 years of education. Use standard error as error bars.On Slide 3, present the result of the hypothesis test comparing the average salary of males with less than or equal to 12 years of education to females with less than or equal to 12 years of education.Slide 4 should display a bar graph showing the average salary of different minority levels with standard error as error bars.Slide 5 should show the result of the hypothesis test comparing the average salary for minority level 0 to minority level 1.On Slide 6, present the result of the hypothesis test comparing the average years of education for minority level 0 to minority level 1.Slide 7 should display a table showing the number of females with 70 or more months of job time.On Slide 8, present the result of the hypothesis test comparing the average amount of gains in salary for females with 70 or more months of job time to $13,000.Slide 9 should display a table showing the number of males with 70 or more months of job time.On Slide 10, present the result of the hypothesis test comparing the average amount of gains in salary for males with 70 or more months of job time to $18,000.On Slide 11, create a bar graph showing the average salary of three groups based on their years of education. Use standard error as error bars.Slide 12 should present the result of the hypothesis test determining if there are significant differences in average salary among the groups.Slide 13 should summarize all the hypothesis tests conducted in the presentation.Review and proofread your presentation deck for accuracy and clarity.Submit the presentation deck for grading.

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Related Questions

2. In its first year, “DM Trading” had the following experience: Unit selling price birr 100 Sales 50,000 units Total fixed cost birr 400,000 TVC birr 3,000,000 Required: a) Develop TR, TC and profit functions for the company in terms of quantity b) Find the breakeven point in terms of quantity and sales volume.

Answers

a) TR = 100 * Quantity, TC = 3,400,000 birr, Profit = 3,400,000 birr.b) Breakeven point: Quantity where TR = TC. Sales volume is 3,400,000 birr.

a)  The total revenue (TR) function can be calculated by multiplying the unit selling price by the quantity sold.

In this case, TR = 100 * Q, where Q represents the quantity sold. The total cost (TC) function consists of the sum of fixed costs (FC) and total variable costs (TVC). Given that the fixed costs are 400,000 birr and the TVC is 3,000,000 birr, the TC function can be expressed as:

TC = FC + TVC = 400,000 + 3,000,000 = 3,400,000 birr.

The profit function (P) can be determined by subtracting the total cost from the total revenue, so P = TR - TC = 100Q - 3,400,000 birr.

b) The breakeven point can be found by setting the profit function equal to zero, as this is the point where total revenue equals total cost.

In this case, 100Q - 3,400,000 = 0. Solving for Q, we find Q = 3,400,000 / 100 = 34,000 units. Therefore, the breakeven point in terms of quantity is 34,000 units. To calculate the sales volume at the breakeven point, we can multiply the breakeven quantity by the unit selling price:

Sales Volume = 34,000 units * 100 birr/unit = 3,400,000 birr. Hence, the breakeven point in terms of sales volume is 3,400,000 birr.

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Upload your 500-word story that describes one law, including how it relates to digital media, and summarizes a case that went to the courts and the stand of the parties involved.

Answers

One important law related to digital media is the Digital Millennium Copyright Act (DMCA).

The DMCA is a United States copyright law that addresses copyright infringement online and provides provisions for digital rights management (DRM) systems.

It criminalizes the act of circumventing technological measures used by copyright holders to protect their works and provides a safe harbor for online service providers (OSPs) if they meet certain conditions.

A notable court case related to the DMCA is the Sony BMG v. Tenenbaum case.

Joel Tenenbaum, a college student, was sued by Sony BMG for copyright infringement after he downloaded and shared copyrighted music files using a file-sharing program.

Sony BMG alleged that Tenenbaum's actions violated their rights under the DMCA.

During the trial, Tenenbaum admitted to the copyright infringement, but his defense argued that the damages sought by Sony BMG were excessive and violated his due process rights.

They claimed that the DMCA's statutory damages provision, which allowed for damages up to $150,000 per work infringed, was unconstitutional.

Ultimately, the court found Tenenbaum liable for copyright infringement and awarded damages of $675,000, which was later reduced to $67,500 on appeal.

The court upheld the constitutionality of the DMCA's statutory damages provision, stating that it was within the purview of Congress to set such damages to deter copyright infringement.

The case highlighted the contentious issue of excessive damages under the DMCA and sparked debates about the balance between protecting copyright holders' rights and ensuring fairness in copyright enforcement. It also emphasized the importance of the DMCA in addressing copyright infringement in the digital age and the potential consequences for individuals who engage in unauthorized sharing of copyrighted materials.

Remember that the above summary is a fictional scenario and not an actual court case.

It is always recommended to refer to reliable sources for accurate information on specific laws and court cases.

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