Use the multiple regression equation to predict a persons salary. Assume that the variable A is the number of years of college. Assume that the variable B is the number of years of experience. Suppose the person has 7 years of college and 3 years of experience. What should their salary be?
y = 19,230 + 4452A + 3580B
2 answers
Substitute the values given for A and B into the equation to solve for y.
The answer is irrelevant, work experience doesnt affect salary in such a formulaic way, it all depends on how hot the boss is and whether you can get into his/her pants