The Excel file Salary Data provides information on current salary, beginning salary, previous experience (in months) when
Question:
The Excel file Salary Data provides information on current salary, beginning salary, previous experience (in months) when hired, and total years of education for a sample of 100 employees in a firm.
a. Develop a multiple regression model for predicting current salary as a function of the other variables.
b. Find the best model for predicting current salary using the t value criterion.
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Salary Data Current Salary Beginning Salary Previous Experience months Education years 57000 27000 144 15 40200 18750 36 16 21450 12000 381 12 21900 1...View the full answer
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Related Book For 
Business Analytics Methods Models and Decisions
ISBN: 978-0321997821
2nd edition
Authors: James R. Evans
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