Statistics for Business

Independent Business Research Analysis

On

Annual Survey of Manufactures (2008)

By

Amit Kumar

Under guidance of

Dr. Stephanie L. Dieringer

SOUTHERN STATES UNIVERSITY

Introduction

The world depends on the economy which changes and affects the world it may grow and may not but still always in consideration, here we take the of Annual survey of manufactures for 2008. This paper analyzes the statistics for the 30 using annual survey of manufactures for the year 2008 and 2007 but for this paper I have taken 30 industries in the consideration for the year 2008. It’s based on the annual economic report general statistics of survey and sectors in 2008 of many manufactures under general statistics series. The North American industry classification system called NAICS shows the different codes of the industry I have given which is three through six digit number levels. It differs for each industry but the name of the industries for those I‘ll be using is clearly mentioned in the economic statistics. For my analysis included in the paper have details of the employee in the industry, employment, payroll, production workers hours and production worker’s wages with the building rents. Data has been taken from the Government census reports and accordance with federal law governing census reports. Here in the case I will discuss the issues about the industries and make interpretation about these variables/industries, as well as perform the descriptive analysis, correlation and regression analysis.

Hypothesis

In this Paper I included the Manufacturer and Number of employees, their pay roll annually, production workers hours and production workers wages with expenditure like building rent. Here I have chance to prove the Interpretations of the paper. I have taken the variables Number of employee as independent variable and Annual payroll as dependent variable. Same I have taken two more independent...