Research Paper on "Descriptive Statistics and Its Interpretation"

Research Paper 6 pages (1129 words) Sources: 6

[EXCERPT] . . . .

Moreover, the average months by which all participants have worked for the company are 53.98 months. The results reveal that most of the participants have not worked for the company for up to 5 years before leaving. However, 58% of the participants are male employees, while 42% are female employees. However, 79% are a supervisor.

However, the data analysis to determine the factors responsible for the high rate of employee turnover reveal that low pay (Mean=2.06), and lack of communication (Mean=2.21) are the major factors responsible for the high rate of turnover within the company.

Nevertheless, the results of the Question 1 reveals the Mean (2.82) showing that more than 50% of an employee still enjoy working with the company despite the high rate of turnover. Similarly, many workers also like the assigned shift (Mean=27.4) within the organization. The survey results also revealed that majority of workers agree that their assigned shift has been fulfilled based on the Mean value of 2.8. However, many workers have felt sick within last the month based on the Mean value of 2.79 of Question 4.

The results of the Question 5 reveal that many workers are averagely trained for the job with the Mean value of 2.88. Despite that the company carries a job training for workers, however, the result of Question 6 reveals that workers are not well paid (Mean =2.06). The outcome of the low pay has been attributed to the high rate of employee turnover in the company. Although, a large number of participants agree that their supervisors treat them fairly (Mean=2.87) and agree that their division treats them fairly (Mean =2.66) nevertheless, the question 9 reveals that the company lacks good communication with the workers based on the Mean value =2.21. In the contemporary business environment, effective communication is an effective tool that organizations can employ to achieve competitive market advantages. When there is an effective communication between management and other employees, the management will be able to resolve the employee's problem quickly. Lack of communication and low pay make more than 50% of participants to agree that they do not fear to lose their job (Mean Value=2.66).

The outcome of the overall survey reveals the Mean value (2.65) revealing that many workers are ready to stay with the company if the management can boost their morale such as improving effective communication with workers and increase worker payout. These strategies can assist the BIMS to boost employee morale, which will consequently lower the rate of employee turnover.

Reference

Lind, D. A., Marchal, W. G., & Wathen, S. A. (2011). Basic statistics for business and economics (7th ed.). New York, NY: McGraw-Hill/Irwin.

McClave, J. T., Benson, P. G., & Sincich, T. (2011). Statistics for business and economics (11thed.). Boston, MA: Pearson-Prentice Hall.

DESCRIPTIVE STATISTICS

1

Appendix A

Raw data used in the analysis

Fit data to one page.

BIMS Employee Survey

"Using the scale provided, record your answer by circling the number that is closest to your view where 5 is a very positive response and 1 is a very negative choice."

Very Negative Very Positive

1. How well do you enjoy working for BIMS?

2. You enjoy your assigned shift.

3. Your request for your desired shift was fulfilled.

4. How many times have you called in sick in the last month?

5. You are well… READ MORE

How to Reference "Descriptive Statistics and Its Interpretation" Research Paper in a Bibliography

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