ASSIGNMENT – 3
PART – ‘A’
DETERMINING THE TEST
In this analysis, we will examine how various factors, time spent in a company, average
monthly working hours, and number of projects, impact the employee satisfaction level. By
applying regression analysis in Excel, we will assess how changes in these variables
influence the satisfaction level of the employees. This approach aims to understand the
relationships among these factors, providing insights for satisfaction level of employees in an
organization
Regression: Regression is a statistical tool used to determine the relationship between a
dependent variable (employee satisfaction level) and independent variables (time spent in a
company, average monthly working hours, number of projects). It helps predict the employee
satisfaction level based on these independent variables.
FACTORS ON WHICH TEST IS APPLIED
The analysis focuses on:
Time spent in a company: Time spent in a company can increase employee
satisfaction through career growth, skill development, and stronger workplace
relationships.
Average monthly working hours: Average monthly working hours significantly
impact employee satisfaction, with excessive hours leading to burnout and
dissatisfaction.
Number of projects: The number of projects an employee handles directly affects
satisfaction level as a reasonable workload fosters a sense of accomplishment and
engagement.
EXPECTED OUTCOMES
The regression analysis will likely show a p-value below 0.05, indicating a significant
relationship between time spent in a company, average monthly working hours, number of
projects, and employee satisfaction level.
Time spent in a company: Time spent in a company can affect employee satisfaction
by fostering a sense of loyalty, skill development, and career growth, but prolonged
tenure without new challenges may lead to stagnation and disengagement.
Average monthly working hours: Excessive average monthly working hours can
lead to burnout and decreased job satisfaction, while a balanced workload promotes
well-being, productivity, and engagement.
Number of projects: A manageable number of projects allows employees to focus,
deliver quality work, and feel accomplished, enhancing satisfaction. However, an
overwhelming number of projects can lead to stress.
PART – ‘B’
REGRESSION OUTPUT
Regression analysis between time spent in a company and employee satisfaction level.
Interpretation: The p-value associated with the number of bedrooms in the regression
analysis is 0.01163214, which is less than the commonly used significance level of 0.05. This
indicates strong evidence to reject the null hypothesis that the coefficient of the time spent in
a company is zero. In other words, time spent in a company is likely a significant predictor of
the employee satisfaction level.
Regression analysis between average monthly working hours and employee satisfaction
level.
Interpretation: The p-value associated with average monthly working hours in the
regression analysis is 0.02436649, which is less than the commonly used significance level of
0.05. This provides strong evidence to reject the null hypothesis. Average monthly working
hours is likely a statistically significant predictor of the employee satisfaction level,
indicating that it has a meaningful impact on the satisfaction level of employees.
Regression analysis between number of projects and employee satisfaction level.
Interpretation: The p-value associated with the number of projects in the regression analysis
is 0.00334612, which is less than the commonly used significance level of 0.05. This
provides strong evidence to reject the null hypothesis that the coefficient of the number of
projects is zero. In practical terms, the number of projects is likely a statistically significant
predictor of the employee satisfaction level, influencing it in a meaningful way.
