112Twentyone executives in a large corporation were randomly

112.Twenty-one executives in a large corporation were randomly selected to study the effect of several factors on annual salary (expressed in $000s) The factors selected were age, seniority, years of college, number of company divisions they had been exposed to, and the level of their responsibility. The results of the regression analysis follow: Which independent variable has the most significant effect on annual salary?

Solution

the level has most significant effect on annual salary because of regression coefficient of level is higher comparison to the other

 112.Twenty-one executives in a large corporation were randomly selected to study the effect of several factors on annual salary (expressed in $000s) The factor

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