CBR 600 Quantitative Analysis Project Your manager, Pat Williams, i

CBR 600 Quantitative Analysis Project
Your manager, Pat Williams,
invites you to meet again to discuss another project. It turns out that Cybertech’s competitors have been closing in on market share. Pat asks you to analyze data about the company’s workforce and to help with an analysis of its current composition. The report is due in two weeks. Your quantitative analysis will be used to advise the company’s management on the cost of doing business, and how to achieve success and income revenues, as well as make recommendations on the allocation of salaries across the company. Pat explains more about the requirements. Pat asks that your report must consider personnel by organizational roles, salaries, length of service, level of education, age, race, gender, marital status, and region. Pat explains that your analysis will be reviewed to determine how the company’s employee demographics compare with industry peers and competitors. You learn that you will present your report to leadership at their quarterly strategic planning meeting. You know that you’ll need to use your statistical skills and technical skills to identify and manipulate the data. You’ll also need to draw relevant conclusions based on quantitative reasoning. First, sketch out a plan to review your skills in math, statistics, and Excel. Second, you’ll need to work through the data to produce supporting charts and graphs. Third, you’ll need to complete the analysis well before the due date. Time to get busy.
This project will help you advise your company’s management on the cost of doing business, how to achieve success in income revenues, and make recommendations on the allocation of salaries across the company. Management will be able to use your analysis to fairly adjust salary anomalies, and also show profitability which might be used for further investments, hiring additional staff, or even employee incentive pay.
During this project, you will use mathematical operations and data analysis to solve problems and inform decision making. Your final assignment will be the creation of a comprehensive Excel workbook with supporting charts and graphs and a short analysis of the data. This project will enable you to refresh and refine your skills in math and statistics before you tackle a real-world data set using Excel to analyze and display the data.
Quantitative reasoning uses a process similar to the qualitative research process in that you will first identify an issue or problem and then use mathematical formulas or an analytic tool to derive a solution. You will construct graphs, charts, and tables to display data and inform analysis and interpretation. You will evaluate the results of the information, draw analyses and validate them by applying them to the issue or problem.
This project will enable you to see the connection between data and how the use of quantitative analysis of that data informs solutions to practical problems with potential impact on your organization or industry.

Here are the steps to completing this project.

Step 1: Set Up Your Spreadsheet
First download the Excel template attached to this email and use it to set up your spreadsheet. This step has you set up your basic view in preparation for the use of several tools. After you’ve formatted and set up your basic view and saved it with your name (Student XXX), you’re ready to move to the next step and add data.
Step 2: Add Data
With your spreadsheet set up and saved with your last name, you’re ready to add data. In Section 1 on the Data page, complete each column of the spreadsheet to arrive at the desired calculations. When you’re ready, move on to the next step, where you will use functions to summarize the data.
Step 3: Use Functions to Summarize the Data
With your data built, you are now ready to start using some tools to summarize the data, using Countif and the Sum function to do the math. In this step, you’ll begin to see patterns in the data and the story of the workforce. With this step complete, you’re ready to begin your analysis.
Step 4: Analyze the Workforce
You’ve summarized the data, and next, you will employ descriptive or summary statistics to analyze the workforce. Your summary table described “how many.” Now you will calculate mean, median, and mode for the categories of data, and derive the deviation, variance, and dispersion, and distribution. This is where it gets interesting! Your data set in Tab 1 should now be built. Next, you’ll create Tab 2: Excel Summary Stats.
Step 5: Use the Analysis Toolpak
With your data set built, you will now use the Analysis Toolpak to do those same functions. This is a handy feature to know. Remember that there may be some minor differences in the answers depending on the version. You should now have Tab 2 complete: Excel Summary Stats. Next, you’ll create charts and a histogram for Tabs 3 and 4.
Step 6: Create Charts and a Histogram
Where would we be without the ability to view data in charts? It is sometimes easier to grasp context of data if we can see it captured in an image. In this step, you will work with data to create charts, adding a tab for charts, and another for a histogram. In this step, you will build Tab 3: Graphs—Charts and Tab 4: Histogram. After you complete these tabs, you’ll be ready to sort the data.

Step 7: Copy and Sort the Data
You’ve accomplished a lot with your data set, summary stats, charts, and histograms. Another skill you’ll need to be able to do is sort data in an Excel worksheet for reporting purposes. You’ll copy the data so that you can learn how to sort it. This is a good skill that applies to any Excel application.
In this step, you will create Tab 5: Sorted Data. When you’re finished, you’ll be ready to conduct your quantitative analysis.
See below for example of sorted spreadsheet.

Step 8: Conduct Quantitative Analysis
In this step, your hard work bears fruit. What does it all mean? Think back to your boss’s reasons for tasking you with this project. Bring your powers of analysis to bear to determine what the data may be telling you. Apply your quantitative reasoning skills by answering the questions provided in the resource and writing a short essay.
After you answer the questions, your short essay include:

-a one-paragraph narrative summary of your findings, describing patterns of interest
-an explanation of the potential relevance of such patterns
-a description of how you would investigate further to determine if your results could be perceived as good or bad for the company.Prepare your response in this workbook. Create a tab for Quantitative Analysis, create a text box, and paste your answers to above questions and your essay in it. Move the tab to the first tab position.

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CBR 600Quantitative Analysis ProjectYour manager, Pat Williams, invites you to meet again to discuss another project. It turns out thatCybertech’s competitors have been closing in on market share. Pat asks you to analyze data aboutthe company’s workforce and to prepare an analysis of its current composition. The report is duein two weeks. Your quantitative analysis will be used to advise the company’s management onthe cost of doing business, and how to achieve success and income revenues, as well as makerecommendations on the allocation of salaries across the company. Pat explains more about therequirements. Pat asks that your report must consider personnel by organizational roles, salaries,length of service, level of education, age, race, gender, marital status, and region. Pat explainsthat your analysis will be reviewed to determine how the company’s employee demographicscompare with industry peers and competitors. You learn that you will present your report toleadership at their quarterly strategic planning meeting. You know that you’ll need to use yourstatistical skills and technical skills to identify and manipulate the data. You’ll also need to drawrelevant conclusions based on quantitative reasoning. First, sketch out a plan to review yourskills in math, statistics, and Excel. Second, you’ll need to work through the data to producesupporting charts and graphs. Third, you’ll need to complete the analysis well before the duedate. Time to get busy.This project will help you advise your company’s management on the cost of doing business, how to achieve success in income revenues, and make recommendations on the allocation of salaries across the company. Management will be able to use your analysis to fairly adjust salary anomalies, and also show profitability which might be used for further investments, hiring additional staff, or even employee incentive pay.During this project, you will use mathematical operations and data analysis to solve problems and inform decision making. Your final assignment will be the creation of a comprehensive Excel workbook with supporting charts and graphs and a short analysis of the data. This project will enableyou to refresh and refine your skills in math and statistics before you tackle a real-world data set using Excel to analyze and display the data.Quantitative reasoning uses a process similar to the qualitative research process in that you will first identify an issue or problem and then use mathematical formulas or an analytic tool to derive a solution. You will construct graphs, charts, and tables to display data and inform analysis and interpretation. You will evaluate the results of the information, draw analyses and validate them by applying them to the issue or problem.This project will enable you to see the connection between data and how the use of quantitative analysis of that data informs solutions to practical problems with potential impact on your organization or industry.Here are the steps to completing this project.
Background image of page 1
View the Answer
Step 1: Set Up Your Spreadsheet First download the Excel template attached to this email and use it to set up your spreadsheet. This step has you set up your basic view in preparation for the use of several tools. After you’ve formattedand set up your basic view and saved it with your name (Safea Musa), you’re ready to move to the next step and add data.Step 2: Add DataWith your spreadsheet set up and saved with your last name, you’re ready to add data. In Section 1 on the Data page, complete each column of the spreadsheet to arrive at the desired calculations. When you’re ready, move on to the next step, where you will use functions to summarize the data.Step 3: Use Functions to Summarize the DataWith your data built, you are now ready to start using some tools to summarize the data, using Countif and the Sum function to do the math. In this step, you’ll begin to see patterns in the data and the story of the workforce. With this step complete, you’re ready to begin your analysis.Step 4: Analyze the WorkforceYou’ve summarized the data, and next, you will employ descriptive or summary statistics to analyze the workforce. Your summary table described “how many.” Now you will calculate mean, median, and mode for the categories of data, and derive the deviation, variance, and dispersion, and distribution. This is where it gets interesting! Your data set in Tab 1 should now be built. Next, you’ll create Tab 2: Excel Summary Stats.Step 5: Use the Analysis ToolpakWith your data set built, you will now use the Analysis Toolpak to do those same functions. This is a handy feature to know. Remember that there may be some minor differences in the answers depending on the version. You should now have Tab 2 complete: Excel Summary Stats. Next, you’ll create charts and a histogram for Tabs 3 and 4.Step 6: Create Charts and a HistogramWhere would we be without the ability to view data in charts? It is sometimes easier to grasp contextof data if we can see it captured in an image. In this step, you will work with data to create charts

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