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QNT/351 Analyzing and Interpreting Data

This solved assignment explores statistical techniques for data analysis and interpretation in business applications.

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    Analyzing and Interpreting Data QNT / 351 Name Date Instructor Name Analyze the results of the BIMS exit interview and employee survey, focusing on the impact of training, pay satisfaction, supervisor treatment, communication, and job security on employee turnover. Include recommendations for improving employee retention. (1,500 - 2,000 words)

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    Analyzing and Interpreting Data BIMS asked Learning Team A to review the information from the survey’s and act as consultants and review the second set of data. Confusing wording and entry errors collected from the initial survey did not report conclusive results for the management team of BIMS. The study population for the second set of data was changed after careful review and now surveys the employees who voluntarily left BIMS. The BIMS survey team introduced an exit interview to help senior management gain a better understanding of what causes employee dissatisfaction, how dissatisfied they are before they depart and hopefully to create a model that can predict employee resignation. Analysis of Selected Exit Interview and Employee Survey Questions Question one in the analysis in the exit interview asks employees how well trained they are for their work. The question disclosed a mean of 2.82, a median of three, mode of two, and a sample standard deviation of 1.21 with a sample variance of 1.47. That same question when asked in the initial employee survey had disclosed a mean of 2.88, a mean of three, mode of two, and a sample standard deviation is 1.40 with a sample variance of 1.97. The information shows that most of the responders answered the question with a response of slightly negative. The data shows that the employees that left BIMS more often believe they did not receive acceptable training for the work they were performing. The exit interview and employee survey surveyed former employees about their opinion of whether their pay was fair compared to the work they performed. Information collected from current employees showed a mean of 2.06, a median, mode of two, and a sample standard

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