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The file P02_43.xlsx contains U.S. Bureau of Labor Statistics data on the year-to-year percentage changes Excel HW1 The file P02_43.xlsx contains U.S. Bureau of Labor
The file P02_43.xlsx contains U.S. Bureau of Labor Statistics data on the year-to-year percentage changes
Excel HW1 The file P02_43.xlsx contains U.S. Bureau of Labor Statistics data on the yearto year percentage changes in the wages and salaries of workers in private industries, including both whitecollar and bluecollar occupations. a. Create box plots to summarize these distributions of annual percentage changes. Comparing the box plots for whitecollar and bluecollar workers, discuss the similarities or differences you see. b. Given that these are time series variables, what information is omitted from the box plots? Are box plots even relevant? Bureau of of Labor Labor Statistics Statistics Bureau Year 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 Private Industry 9.1 8.8 6.3 4.9 4.2 4.1 3.2 3.3 4.1 4.1 4.0 3.7 2.6 3.1 2.8 2.8 3.4 3.9 3.9 3.5 3.9 3.8 3.6 2.6 2.6 White Collar Occupations 8.6 9.1 6.5 6.0 4.3 4.9 3.4 3.7 4.7 4.7 4.1 3.8 2.7 3.3 2.8 2.9 3.5 4.3 4.2 3.5 4.0 3.7 3.9 3.6 3.6 Blue Collar Occupations 9.6 8.5 5.6 3.8 3.6 3.4 2.6 3.0 3.2 3.5 3.5 3.4 2.6 2.9 2.8 2.9 3.0 3.2 3.2 3.4 3.7 3.9 3.9 4.1 4.6 Read and summarize the paper attached here. Your summary should be stored using Microsoft Word. In addition, choose a company (preferably the company that you work for) and discuss how Volume, Velocity, and Variety impact the performance. What are the challenges for using Big Data for the company. Format and Page Limit: 1. Two page maximum. 2. Font: Times New Roman; Size: 12; Spacing: Single; Margin: 1 inch all sidesStep by Step Solution
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