Correlations between the variables age-prior experience


Assignment:

The file P02_07.xlsx includes data on 204 employees at the (fictional) company Beta Technologies.

a. Create a table of correlations between the variables Age, Prior Experience, Beta Experience, Education, and Annual Salary. Which of the first four of these variables is most highly correlated (in a positive direction) with Annual Salary?

b. Create scatterplots of Annual Salary (Y axis) versus each of Age, Prior Experience, Beta Experience, and Education.

c. For the variable from part a most highly correlated with Annual Salary, create a (linear) trend line in its scatterplot with the corresponding equation shown in the chart. What does this equation imply about the relationship between the two variables? Be specific.

Attachment:- Fictitious data.rar

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