related information for 30 employees at Gamma Technologies, Inc. These data include each selected employee’s gender (0 = male, 1 = female), age, number of years of relevant work experience prior to employment at Gamma, number of years of employment at Gamma, the number of years of post-secondary education, and annual salary. Create a scatter plot to show the relationship between prior experience and annual salary. What does the scatter plot reveal about the relationship?

Question

16-02-2021
Mathematics

contestada

related information for 30 employees at Gamma Technologies, Inc. These data include each selected employee’s gender (0 = male, 1 = female), age, number of years of relevant work experience prior to employment at Gamma, number of years of employment at Gamma, the number of years of post-secondary education, and annual salary. Create a scatter plot to show the relationship between prior experience and annual salary. What does the scatter plot reveal about the relationship?

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fichoh fichoh · Answer 1 · 2021-02-17T06:15:42+01:00

Answer:

Kindly check attached picture

Step-by-step explanation:

Data:

Prior experience :

5

12

0

2

5

9

6

11

12

0

5

9

1

0

5

3

12

3

11

10

8

1

0

6

7

0

8

13

7

0

Annual salary:

37500

50912

29356

27750

97844

48442

40207

42331

87489

26118

40025

88763

35829

17784

54199

36932

93279

22100

49987

85471

52220

36109

23105

39455

49861

30327

31008

90874

57966

16500

Using the data above, the scatter plot obyaoon using statistical software is attached below, from the line of best fit, the regression equation which models the relationship between the two variables is ŷ = 4003.257X + 25172.868.

The trend of the best fit line shows a positive correlation between prior experience and annual salary. The correlation Coefficient value which shows the strength of the association gives a value of 0.7225 ; hence, depicting a strong positive correlation.