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Salary and Years Narrative

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Salary and Years Narrative
A company manager is interested in the relationship between x = number of years that an employee has been with the company and y = the employee's annual salary (in thousands of dollars). The following statistical software output is from a regression analysis for predicting y from x for n = 15 data points. Salary and Years Narrative A company manager is interested in the relationship between x = number of years that an employee has been with the company and y = the employee's annual salary (in thousands of dollars). The following statistical software output is from a regression analysis for predicting y from x for n = 15 data points.   s = 0.8081 R-sq = 97.9% R-sq(adj) = 97.8% -Refer to Salary and Years Narrative. Interpret the estimated slope and y-intercept for this . s = 0.8081 R-sq = 97.9% R-sq(adj) = 97.8%
-Refer to Salary and Years Narrative. Interpret the estimated slope and y-intercept for this .

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Slope: For each additional year an emplo...

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