Question: Business Analytics question from Microsoft excel Le pete estimated values of 1.9, and a 51. The file P11 51.xlsx contains data on managers at a

Business Analytics question from Microsoft excel
Le pete estimated values of 1.9, and a 51. The file P11 51.xlsx contains data on managers at a large (fictional) corporation. The variables are Salary (current annual salary). Years Experience (years of experience in the industry), Years Here (years of experience with this company) and Mgt Level (current level in the company, coded 1 to 4). You want to regress Salary on the potential explanatory variables. What is the best way to do so? Specifically, how should you handle Mgt Level? Should you include both Years Experience and Years Here or only one of them, and if only one, which one? Present your results, and explain them and your reasoning behind themStep by Step Solution
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