Business Analytics
Business Analytics
1. Missing Values:
o Hourly Rate: Impute missing values using the median hourly rate of
the entire dataset. This is appropriate as it represents the central
tendency and is less susceptible to outliers compared to the mean.
o Performance Rating: Impute missing values using the mode (most
frequent) performance rating. This maintains the distribution of
ratings within the dataset.
2. Attrition Rate: Calculate the percentage of employees who left the company
by dividing the count of employees with "Yes" in the Attrition column by
the total number of employees and multiplying by 100%.
Analysis:
Analyze the relationship between the number of years an employee spends with the
same manager and their likelihood of leaving. This requires further investigation
beyond basic EDA and might involve statistical testing.
Create a pivot table with "Marital Status" as rows and "Attrition" as columns,
displaying data as percentages. This helps identify potential differences in attrition
rates based on marital status.
Cross-check the client's claim by creating a pivot table or chart with "Gender,"
"Job Role," and "Attrition" to understand if specific job roles have higher attrition
rates for certain genders.
4. Descriptive Statistics:
a) Monthly Income:
b) Age:
Use the MODE function to identify the most frequently occurring salary hike
amount.
e) Workforce Diversity:
Calculate the range and standard deviation of "Total Working Years" for
both genders using a filter on the "Gender" variable.
Interpretation: Analyze the range and standard deviation to understand the
spread and variability of total work experience within each gender group. A
larger range and standard deviation might indicate greater diversity in
experience levels.
Conclusion:
This EDA provides initial insights into the provided employee data. Further
analysis, including statistical testing and visualizations, is crucial for drawing
stronger conclusions and addressing the client's concerns.
Note: Replace placeholders like X, Y, and Z with the actual values obtained from
your analysis.
Imagine this: you're part of the Human Capital Advisory (HCA) team at People
First Inc., a leading HR analytics firm. A client, concerned about high employee
turnover, has entrusted you with a mission – to delve into a sample of their
employee data and uncover valuable insights. This report presents the findings,
aiming to shed light on the factors influencing employee decisions and help the
client build a thriving workplace.
Missing Pieces:
Before diving in, we identified some gaps in the data. We noticed missing
information for "Hourly Rate" and "Performance Rating." To address this, we
filled in the blanks with the most frequently occurring values (for "Performance
Rating") and the average rate across all employees (for "Hourly Rate"). This
ensures our analysis reflects the broader picture without being swayed by
individual outliers.
Turnover Troubles:
One of the most pressing questions is: how many employees are leaving the
company? Analyzing the data, we discovered that a significant portion (XX%) of
employees have chosen to move on (replace XX with the actual percentage). This
highlights the need to understand the underlying reasons behind these departures.
Managerial Impact:
The client believes that employees who spend 15 years or more with the same
manager are less likely to leave. While our initial analysis doesn't provide a
definitive answer, it paves the way for further investigation. We encourage
exploring this connection through statistical testing to gain a clearer understanding.
The client also raised concerns about gender disparities in attrition rates within
specific job roles. We examined the data by creating a visualization, revealing
whether specific job roles show higher turnover rates for either gender (replace
with observations based on your analysis). This helps address the client's concerns
and guides further investigation into potential causes.
Employee Insights:
Beyond basic trends, we delved deeper into the data to understand the overall
employee experience. We analyzed:
Monthly Income: The average and typical monthly income levels (replace
with actual values) provide a benchmark for understanding employee
compensation. Additionally, we explored the spread and variability in
income (replace with observations based on standard deviation), offering
insights into potential income disparities.
Age: Similar to income, we analyzed the average and typical ages (replace
with actual values) of employees. We also created a visual representation of
the age distribution (replace with a description of the histogram), providing
insights into the age demographics of the workforce.
Salary Hikes: We identified the most common salary increase amount
(replace with the actual value), offering a glimpse into the typical salary
progression within the company.
Workforce Diversity: We examined the spread and variability of total work
experience (replace with observations based on the range and standard
deviation) for both genders. This helps assess the diversity in experience
levels within the workforce.
Job Satisfaction and Marital Status: We compared the average job
satisfaction scores across different marital statuses (replace with
observations based on the analysis). While not conclusive, this provides a
starting point for exploring potential connections between marital status and
job satisfaction.
Moving Forward:
This humanized version replaces technical jargon with simpler language and adds
context to the analysis, making it easier for a broader audience to understand the
findings and their implications