APPLYING PROBABILITY ANALYSIS IN BUSINESS
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APPLYING PROBABILITY ANALYSIS IN BUSINESSA database containing demographic and job satisfaction data on employees in three departments of a hypothetical company was used to develop profiling probabilities related to specific characteristics and attitudes. All measurement data are quantitative in character. The database included information on 288 employees. The gender distribution in the organization is 41.7 percent male and 58.3 percent female. The gender distribution in relation to employee tenure with the company is indicated in Table 1. The distribution of all 288 employees by department is indicated in Table 2. In relation to job satisfaction, male employees were somewhat more satisfied than female employees on average. On a satisfaction scale ranging from 1 (least satisfied) to 7 (most satisfied), the mean job satisfaction score for males was 4.4308, while the mean job satisfaction score for females was 4.2583.
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Approximate Word count = 679
Approximate Pages = 3 (250 words per page)
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