Question
A major client of your company is interested in the salary distributions of jobs in the state of Minnesota that range from $30,000 to $200,000
A major client of your company is interested in the salary distributions of jobs in the state of Minnesota that range from $30,000 to $200,000 per year. As a Business Analyst, your boss asks you to research and analyze the salary distributions. You are given a spreadsheet that contains the following information:
- A listing of the jobs by title
- The salary (in dollars) for each jobThe Excel spreadsheet contains five tabs. The first tab, labeled "data" requires you to calculate all measures of center and variation using the correct Excel formulas. The next four tabs contain questions for you to complete. Ensure that you are completely answering all questions with explanations, and your work is shown when needed.You must submit the spreadsheet with the completed calculations, answers, and analysis. 1a. Provide a brief overview of the scenario you are given and describe the data set. 1b. Describe how you will be analyzing the data set
1c. List and define all variables in the data set. Define each variable as follows and explain your reasoning.
i. Provide the two variable names in the data set.
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ii. Define both variable as either Quantitative or Qualitative. Explain your answers.
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iii. For the quantiative variable listed, define them as either Discrete or Continuous. Explain your answer.
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iv. Provide the level of measurement for both variables. Explain your answers.
Name and describe each Measure of Center below. Include the advantages and disadvantages of each Measure of Center
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