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Results of AIU Employee Survey Use of statistics in business

1. Begin your e-mail to AIU by first providing an overview of the database, that is, a story about the characteristics that may include types of variables, etc.
2. Be sure to include information about where statistics are being used in the workplace.
3. Explain the value of statistics and its contribution to the success of an organization.
4. Then, discuss the following in your e-mail:
-What is the distribution of individuals by gender?
-What is the "tenure with company" distribution by gender?
-What percentage of the survey participants are in each department?
-What is the sample mean for extrinsic value by gender?
-What is the probability that an individual will be between 16-21 years of age?
-What is the probability that an individual's overall job satisfaction is 5.2 or lower?
-What is the probability that an individual will be a female in the human resources department?
-What is the probability that an individual will be a salaried employee whose intrinsic satisfaction value is 5 or more?
5. RESEARCH REQUIRED: Be sure to include other ways that probability is used in business specifically how it contributes to the success of an organization. Feel free to use the Business Source Premier Database in the Library as a resource to research.

The e-mail should be well written and should flow well. It should comprise the body of a report that contains no grammatical errors.

Solution Preview

See attached for better formatting.

Subject: AIU Employee Survey

Introduction to the survey and the distribution tables.

We surveyed 74 employees in three departments, capturing demographics to permit you to better understand how their characteristics and job traits impact their satisfaction.

This information is helpful feedback to allow you to improve your hiring, support of these workers, and plan for what may increase their loyalty to your organization. I will give you some examples of how this data might help you understand your workforce better and also show you a few examples of how other organizations use statistics to "mine" for business intelligence.

First, we collected several "variables." That is, we collected information about each survey participant. We asked each employee about their gender, tenure with the firm, department, hourly versus salary method of compensation, their overall job satisfaction, the intrinsic satisfaction of the job, the extrinsic satisfaction of the job, their satisfaction with the benefits offered, and their age. You can then "ask" this database a number of questions that might be of interest to your organization. Of course, the answers depend on the respondents representativeness of the entire work force. If this is all the workers, you don't have a sample error issue. But, if this is just a few employees out of the total, then you can have some distortion when the sampled employees are not representative of the entire work force.

Here are some potential questions you can ask the data set (answers in red) by creating simple distribution tables. Distribution tables give you a visual of proportion of the populations that have certain traits or classifications and are very effective is conveying information about the sample or ...

Solution Summary

Your tutorial includes 990 words and three research articles (peer reviewed journals), including tables for the questions asked. The tables are computed in excel for you (attached). Three articles are discussed and attached for further reading and discussion as you turn this draft into your final submission.