Limited Offer Get 25% off — use code BESTW25
No AI No Plagiarism On-Time Delivery Free Revisions
Claim Now

Data Analysis and Decision Making MGMT5504

Data Analysis and Decision Making MGMT5504

Assessment #2 Individual Project- Data Descriptors

(Individual assessment)

(30% total)

The purpose of this project is to identify the ‘best’ combination of independent variables (drivers of the key performance indicator) to predict the dependent variable (key performance indicator). The dependent variable in this case is job performance however you will need decide which one variable (from those in the table below- see Table 1) is the best measure of job performance. The statistical technique you need to use is regression analysis (multiple linear regression OR logistic regression). In the MS Excel workbook you will notice a column labelled data_type (0= training data, 1= test data). You need to refine your model using the training data then test your final model with the test data. There are many metrics for model validation, we’ll use one known as Mean Absolute Error (also called MAE). With the MAE metric, we take the absolute value of each error (error=actual−predicted). This converts each error to a positive number. We then take the average of those absolute errors. Before doing this however, there are many steps- see diagram below (repeated from Assessment 2 Information sheet).

Variable LabelVariable Description
IDEmployee ID
Data_typeUse the training data to build and refine your model. Use the test data to test your final/chosen model. (0=training, 1=test)
DepartmentThe functional department that the employee belongs to.
RoleThe employee’s position or title.
Will_RelocateIs the employee willing to relocate? (1=yes, 0=no)
Percent_RemoteThe percentage of the employee’s work that is done remotely.
EMP_Sat_OnPrem_1- EMP_Sat_OnPrem_5Five items from a survey that was sent to employees by a third party. On prem (On premise) means work on the corporation’s physical work locations. The items relate to satisfaction with on premise work. The higher the number the higher the employee satisfaction
EMP_Sat_Remote_1- EMP_Sat_Remote_5Five items from a survey that was sent to employees by a third party. Remote (distance employee) means work away from the corporation’s physical work locations. The items relate to satisfaction with remote work. The higher the number the higher the employee satisfaction
EMP_Engagement_1- EMP_Engagement_5Five items from a survey that was sent to employees by a third party. Engagement represents the employee’s feeling about how they feel about being engaged in company activities.The higher the number the higher the employee engagement
last_evaluationThe score on the last employee evaluation.The higher the number the more positive the evaluation
number_projectThe number of projects the employee works on throughout the year.
average_monthly_hoursThe average number of hours the employee works.
time_spend_companyYears of service.
Work_accidentHas the employee been involved in a work accident? (0=no, 1=yes)
FunctionWhat is your function within the organisation?
SalaryRelative pay grade (low, medium, high) by role.
GenderGender or how the person identifies. (M=male, F=female)
LinkedIn_HitsThe number of times employee visits LinkedIn networking sites.
Emp_Work_Status_2- Emp_Work_Status_5Four items from a survey that was sent to employees by a third party. Status represents how strongly employee feels about their status level in the organization. The higher the number the more positive the employee feels about their status level
Emp_IdentityHow the employee identifies themselves with the company. The higher the number the more positively the employee identifies with the company
Emp_RoleHow the employee identifies themselves with the importance of their role in the company. The higher the number the more regard the employee has towards the importance of their role with the company
Emp_PositionHow the employee identifies themselves with the importance of their position in the company. The higher the number the more regard the employee has towards the importance of their position with the company
Emp_TitleHow the employee feels about their title. The higher the number the more positive the employee feels about their title
Emp_Competitive_1- Emp_Competitive_5Five items from a survey that was sent to employees by a third party. How employee feels about the competitive nature of work in the organization. The higher the number the more positive the employee feels about the competitive nature of the work
Emp_Collaborative_1- Emp_Collaborative_5Five items from a survey that was sent to employees by a third party. How employee feels about the collaborative nature of work in the organization. The higher the number the more positive the employee feels about the collaborative nature of the work
Sensor_StepCountSentient devices are used to capture certain employee activities. In this case number of steps.
Sensor_Heartbeat (Average/Min)Sentient devices are used to capture certain employee activities. In this case heartbeat.
Sensor_Proximity (1-highest/10-lowest)Sentient devices are used to capture certain employee activities. In this case how close they are to their company laptop.

Steps:

  1. Refer to the Assessment information handout and marking rubric handout.
  2. Understand the dataset—refer to the Excel data (HR_data.xlsx) to get a feel for the data and survey items.
  3. Select the training data only.
  4. Screen and clean the data- check for errors.
  5. Code String variables (ie Department, Role, Function, Salary, Gender) using 0 and 1.
  6. Reverse-score negatively-worded items if necessary.
  7. Create composite variables (ie Satisfaction on Premise, Satisfaction Remote, Engagement, Work Status, Competitive, Collaborative).
  8. Run descriptive statistics to understand the data and test assumptions (ie normality) – charts (bar, pie, histogram), tables (crosstabs), and numerical summaries (mean, median, mode, standard deviation) for each variable.
  9. Analyse the training data- (ie run correlations and multiple regression analysis) to answer the research question (identify the ‘best’ combination of independent variables (drivers of the key performance indicator) to predict the dependent variable (key performance indicator)). Make sure you check the assumptions are met. Correlations give you an idea of which variables are likely to be good predictors.
  10. Run the final regression model on the test data.
  11. Fully interpret/explain the results.
  12. Communicate the results/findings in non-statistical terms with FIVE Powerpoint slides. Please note: you do not need to display all MS Excel output; include the output that best ‘tells the story’ of the data.
  13. Upload the Powerpoint slides and MS Excel Workbook file to LMS before 6th May 2pm.
  14. SMILE! 

The post Data Analysis and Decision Making MGMT5504 appeared first on My Assignment Online.

Plagiarism Free Assignment Help

Expert Help With This Assignment — On Your Terms

Native UK, USA & Australia writers Deadline from 3 hours 100% Plagiarism-Free — Turnitin included Unlimited free revisions Free to submit — compare quotes
Scroll to Top