A human resources (HR) manager wants to know if annual performance review scores can be predicted by the number of vacation days taken during the year and the number of dependents an employee claims. She randomly pulls the vacation, W-2, and performance review records of twenty employees. The data is presented in the attached document
Using the attached data, run a correlation matrix and then run a regression analysis in Microsoft Excel that will answer the human resources (HR) manager’s question. Examine the results and consider the implications. Write a 3- to 4-page paper based on the results and implications. Make sure to include your data printout and justify your responses. In your paper, address the following questions:
Identify the R-squared value for this data set, along with the R-value. Explain what each means.
Describe what the F-test and the p value tell us in general and name each for these data sets and analyses.
Explain what can be learned from the multiple regression that may not be known from the correlation matrix.
Justify whether performance review scores can be predicted by the number of days of vacation taken, dependents claimed, or vacation days taken in combination with the number of dependents. Support your position.
Describe any potential ethical or legal concerns related to this research. Provide a rationale backed by authoritative references to support your position.
Your final product should include your Microsoft Excel computations and a 3- to 4-page Microsoft Word document. Utilize a minimum of three scholarly sources.
Use the following headings and subheadings to organize your paper:
Defining and explaining concepts
Prediction
R-squared and R-value
F-test
p value
Correlation coefficient versus regression weight (beta value)
Results
Discussion and implications of results
References
Appendix (Microsoft Excel printout)
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more