Statistics 102H: Executive compensation

Administrivia

• You should be well on your way to have your project data anaylsed
• If you do all your regressions by friday, you can print your graphs and take them with you on your vacation. (YEA!)

Executive compensation

Follow case book: page 202

Homework

• Work through the timing production runs case: page 189.
• Notice, there are 4 or 5 managers in your project.
  • Color code by manager
  • Are there any obvious patterns when you look at your scatter plot matrix?
  • Are they significant when you put them in your project? Which one is best, which one is worst?
  • Are big jobs better to do by some manager instead of some other manager? (Hint: do the same interaction that is done in the timing example.)
• Well you are at it, notice that there is a strong relationship between manager and plant. Why is this the case? Does this change your feelings about how to compare the managers?
• If you want to look at a sample midterm here is an exam from 621. It is close in style. But they covered a bit more material than we will end up covering. So some of the questions won't make sense. (Questions 36-40 are on material we haven't covered. You might be able to do them, but don't worry if you can't.)