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A company manager is interested in analyzing the relationship between years of working experience and the salary of their employees. He has collected the data from 30 employees of their years of experience and the salary. Use the below provided MINITAB output to find the 90% confidence interval for the expected change in salary for every additional year of experience. Coefficients Coef SE Coef T-Value P-Value Term VIF Constant 25792 2273 11.35 0.000 Years Experience 9450 379 24.95 0.000 1.00 O257921.701 (2273) O 9450 1.701 (379) O257922.048 (2273) 94502.048 (379)

A company manager is interested in analyzing the relationship between years of working experience and the salary of their employees. He has collected the data from 30 employees of their years of experience and the salary. Use the below provided MINITAB output to find the 90% confidence interval for the expected change in salary for every additional year of experience. Coefficients Coef SE Coef T-Value P-Value Term VIF Constant 25792 2273 11.35 0.000 Years Experience 9450 379 24.95 0.000 1.00 O257921.701 (2273) O 9450 1.701 (379) O257922.048 (2273) 94502.048 (379)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
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A company manager is interested in analyzing the relationship between years of working experience and the salary of their employees. He has collected the data from 30 employees of their years of experience and the salary. Use the below provided MINITAB output to find the 90% confidence interval for the expected change in salary for every additional year of experience. Coefficients Coef SE Coef T-Value P-Value Term VIF Constant 25792 2273 11.35 0.000 Years Experience 9450 379 24.95 0.000 1.00 O257921.701 (2273) O 9450 1.701 (379) O257922.048 (2273) 94502.048 (379)
Transcribed Image Text:A company manager is interested in analyzing the relationship between years of working experience and the salary of their employees. He has collected the data from 30 employees of their years of experience and the salary. Use the below provided MINITAB output to find the 90% confidence interval for the expected change in salary for every additional year of experience. Coefficients Coef SE Coef T-Value P-Value Term VIF Constant 25792 2273 11.35 0.000 Years Experience 9450 379 24.95 0.000 1.00 O257921.701 (2273) O 9450 1.701 (379) O257922.048 (2273) 94502.048 (379)
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