Predict the annual salaries of employees

Assignment Help Basic Statistics
Reference no: EM131036317

A statistics student wants to predict the annual salaries of employees at one large company. He wants to know if he can use the number of years that someone has worked at the company to predict his or her annual salary.

What is the explanatory variable in this scenario?

A) The statistics student

B) Number of years that someone has worked at the company

C) Employees of the company

D) Annual salary

Reference no: EM131036317

Questions Cloud

Age of confessional division : During the 16th century, The Age of Confessional Division produced religious wars in France, Spain, and the Netherlands. Choose one of these conflicts and discuss the events, causes, and outcomes.
Calculate the force which the upper link exerts on the bar : calculate the force which the upper link exerts on the bar at D at this instant. Also find the angular acceleration of the links at this position
Gulf of tonkin resolution : Why and how did the USA get involved in the war in Vietnam? What was the Gulf of Tonkin Resolution? Why did President Lyndon Johnson propose it and why did Congress pass it? Do you think the USA should have sent troops to Vietnam? Why or why not?
Calculate the minimum effective coefficient of friction : Calculate the minimum effective coefficient of friction μ which will permit the front wheels of the mower to lift off the ground as the mower starts to move forward.
Predict the annual salaries of employees : A statistics student wants to predict the annual salaries of employees at one large company. He wants to know if he can use the number of years that someone has worked at the company to predict his or her annual salary.
Predict the annual salaries of employees : A statistics student wants to predict the annual salaries of employees at one large company. He wants to know if he can use the number of years that someone has worked at the company to predict his or her annual salary.
Calculate the magnitudes of the force f : torque (not shown) is applied to link AB through its lower pin to drive the links in a clockwise direction. When θ reaches 60° the links have an angular acceleration and an angular velocity of and respectively For this instant calculate the magnit..
Calculate the magnitudes of the force f : torque (not shown) is applied to link AB through its lower pin to drive the links in a clockwise direction. When θ reaches 60° the links have an angular acceleration and an angular velocity of and respectively For this instant calculate the magnit..
Gulf of tonkin resolution : Why and how did the USA get involved in the war in Vietnam? What was the Gulf of Tonkin Resolution? Why did President Lyndon Johnson propose it and why did Congress pass it? Do you think the USA should have sent troops to Vietnam? Why or why not?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Find the expacted lifetime of a lifetime of a light bulb

A bulb is selected at random from the storage room and tested.Find the probability that the bulb was produced by machine C given that it was still operating after 16 days.

  Probability calculation by using normal distribution

Suppose that the number of calories in McDonald's Egg McMuffin is normally distributed random variable with mean of 290 calories and standard deviation of 14 calories.

  Appropriate conclusion of sample t-test based on p-value

Suppose you want to test the hypothesis that students who study one week before score different from students who study the night before. A 2 sample t-test test is run based on your data and a p-value is calculated to be 0.0219. What is the approp..

  Percentage of the variation in some other variable

A single variable X can explain a large percentage of the variation in some other variable Y when the two variables are:

  Determine the probability of running

(i) Determine the number of days each probe is expected to last. (ii) If the reactor operator wishes to run a product campaign that lasts continuously for 20 days, determine the probability of running this campaign without having to replace the..

  Find the probability that in a given box the cordials

a candy company distributes boxes of chocolates with a mixture of creams toffees and cordials. suppose that the weight

  Cardinal numbers and sets

I read that a range of expression is a set of values of a given expression. This set may consist of the whole set of cardinals numbers xy or of a proper subject of the set of cardinals (as the expression 2x, whose range is the even cardinals).

  What type of variable is the number of robberies reported

What type of variable is the number of robberies reported in your city? What is the chart called when the paired data (the dependent and independent variables) are plotted?

  Find the 50th percentile median the 25th percentile first

find the 50th percentile median the 25th percentile first quartile the 75th percentile third quartile and the 90th

  The lifetime of a mechanical assembly in a vibration test

the lifetime of a mechanical assembly in a vibration test is exponentially distributed with a mean of 400 hours.a what

  What is the expected value of m

A sample is selected from a population with a mean of =40 and a standard deviation of 8. If the sample has n=4 scores, what is the expected value of M and the standard error of M?

  How many standard deviations is from the mean

The average salary of a group of sales people is $32,500 with a standard deviation of $2,500. Answer the following: How much would a salesperson make if he/she is 2 standard deviations above the mean?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd