Part A-
The file P02_43.xlsx contains U.S. Bureau of Labor Statistics data on the year-to-year percentage changes in the wages and salaries of workers in private industries, including both white-collar and blue-collar occupations.
a. Create box plots to summarize these distributions of annual percentage changes. Comparing the box plots for white-collar and blue-collar workers, discuss the similarities or differences you see.
b. Given that these are time series variables, what information is omitted from the box plots? Are box plots even relevant?
Part B-
Read and summarize the paper. Your summary should be stored using Microsoft Word.
Paper - Spotlight-
Big Data: the Management revolution by Andrew McAfee and Erik Brynjolfsson
Data Scientist: the Sexiest Job of the 21st Century by Thomas H. Davenport and D.J. Patil
Making Advanced Analytics work for You by Dominic Barton and David Court
In addition, choose a company (preferably the company that you work for) and discuss how Volume, Velocity, and Variety impact the performance. What are the challenges for using Big Data for the company.
Format and Page Limit:
1. Two page maximum.
2. Font: Times New Roman; Size: 12; Spacing: Single; Margin: 1 inch all sides.
Attachment:- worksheet-hw.rar