Statistics Essay Example | Topics and Well Written Essays - 500 words - 5

Statistics - Essay Example Z-Revenue is higher for Citicorp 3.69 and lower for First Natl of Nebraska. Z-profit is highest for Chase Manhattan Bank 3.23 and lower for First Natl of Nebraska. Summarize all these results; it can be said that only four banks has higher Revenue and Profit that BankTen: The BankTen does not has significantly higher profit per employee $0.041K than industry average $ 0.037K. Profit per employee with two standard deviation above the mean is $0.06. Profit per employee with two standard deviation below mean is $0.02. J.P.MORGAN & CO., BANK OF NEW YORK CO., BARNETT BANKS, REPUBLIC NEW YORK CORP. has profit per employee more than two standard deviation beyond the mean. J.P. Morgan & Co., Bank of New York Co and Republic New York Co. are the top three firms with respect to profit per employee and Barnett Banks is the bank with the lowest profit per employee. Although BankTen is not one of the top performers, it has an average performance (with 72.7 percentile on the profit per employee) on Revenue and Profits except number of employees, where it needs to improve its performance either by generating more revenue and profits with same number of employees or reduce the workforce for improving its profit per