Essay about Statistical Data Analysis

862 Words Oct 12th, 2010 4 Pages
REPORT REVIEW AND ANALYSIS

Renika Hendry
CTU-Online
Applied Managerial Decision-Making
MGMT 600
Phase 2 Individual Project
Instructor: Joseph Cappa
10/14/10

Abstract

With the National Sales meeting approaching, the Marketing department is requiring that every Regional Sales Manager do a short presentation to highlight how the consumers in their region don’t compare to the rest of the consumers in the whole United States. Since I am still working with the local Regional Sales Manager I am going to prepare a two-page memo that will explain how my territory is different from other territories nationally. I will do this by utilizing reports obtained from the American Marketing Association website, which include general and
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| 2000: Chicago | 2000: U.S. | Employed | 43,739 | 115,716,133 | 45,543 | 129,728,865 | Unemployed | 1,827 | 7,780,384 | 2,102 | 7,947,452 | Armed Forces | 21 | 1,706,113 | 8 | 1,152,977 |

Employment by Industry. The statistical data showed that the industries where people work vary depending on the location. Some industries have more workers than others. In Chicago, more people are employed in the Professional Scientific and Technical Services Industry, and Finance and Insurance Industry. However, in the entire U.S. more people are employed in the Manufacturing, Retail Trade, and Healthcare and Social Assistance Industries.

Income Summary-Findings

HH Income by Householder’s Age. There were differences all throughout this category. The household income was split up by age and the data showed that each subcategory that contained the income amount and age varied. For example, there were more less than 25 year olds that had a $40,000 to $49,999 income in Chicago than in the entire U.S. The percentages were 7.11 in Chicago and 5.21 in the entire U.S. However, there were more 45 to 54 year olds that had a $100,000 to $124,999 income in the entire U.S. than in Chicago. The percentages were 14.78% in the entire U.S. and 11.86 in Chicago.

References

Ford, M.W. (2010). Sample SCM memos. Retrieved October 14, 2010 from www.nku.edu/~fordmw/mgt307samplememos.htm

CTU-Online (2010). Phase 2 course material text. Retrieved October 13, 2010

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